Mohawk Group Holdings – Consensus Indicates Potential 42.5% Upside

Broker Ratings
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Mohawk Group Holdings with ticker code (MWK) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 16 and has a mean target at 20.2. Now with the previous closing price of 14.18 this now indicates there is a potential upside of 42.5%. The 50 day MA is 9 and the 200 day MA is 7.73. The company has a market capitalisation of $424m. You can visit the company’s website by visiting: http://www.mohawkgp.com

The potential market cap would be $604m based on the market concensus.

Mohawk Group Holdings, together with its subsidiaries, operates as a technology-enabled consumer products company in the United States and internationally. The company provides home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOmeLabs, Vremi, Xtava, and RIF6 brands. It primarily serves individual online consumers through Amazon and other e-commerce platforms, as well as through its owned and operated websites and other marketplaces. The company was founded in 2014 and is headquartered in New York, New York.

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