Analysts Offer Insights on Industrial Goods Companies: Ballard Power Systems (BLDP) and T1 Energy (TE)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ballard Power Systems (BLDP) and T1 Energy (TE).
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Ballard Power Systems (BLDP)
Susquehanna analyst Charles Minervino maintained a Hold rating on Ballard Power Systems today and set a price target of $4.25. The company’s shares closed last Tuesday at $4.18.
According to TipRanks.com, Minervino is a 5-star analyst with an average return of
Ballard Power Systems has an analyst consensus of Hold, with a price target consensus of $3.65, which is a -14.1% downside from current levels. In a report issued on May 6, KeyBanc also maintained a Hold rating on the stock.
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T1 Energy (TE)
Roth MKM analyst Philip Shen reiterated a Buy rating on T1 Energy today and set a price target of $10.00. The company’s shares closed last Tuesday at $6.88.
According to TipRanks.com, Shen is a 5-star analyst with an average return of
T1 Energy has an analyst consensus of Strong Buy, with a price target consensus of $8.38, a 26.9% upside from current levels. In a report issued on May 12, Needham also reiterated a Buy rating on the stock with a $8.00 price target.
Read More on BLDP:
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- Ballard Power price target raised to $4.25 from $2.60 at Susquehanna
- Unusually active option classes on open May 18th
- Ballard Power Systems Reshapes Board After Weichai Cuts Stake Below 15%
- Weichai Power sells 6.9M Ballard Power shares, board member resignations
- Unusually active option classes on open May 8th
