Plug Power Inc. – Consensus ‘buy’ rating and 116.9% Upside Potential

Broker Ratings
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Plug Power Inc. which can be found using ticker (PLUG) now have 27 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 78 and 7.5 calculating the mean target price we have $19.15. Given that the stocks previous close was at $8.83 this is indicating there is a potential upside of 116.9%. There is a 50 day moving average of $9.54 and the 200 day moving average is $16.28. The company has a market capitalization of 5.29B. The stock price is currently at: 8.81 USD

The potential market cap would be $11,474,236,535 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 1.32 and a -7.87% return on assets.

Plug Power Inc. is a provider of hydrogen fuel cell turnkey solutions. The Company provide electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen. Its products include GenDrive, GenFuel, GenCare, GenSure, GenKey, ProGen, Electrolyzers, Liquefaction Systems and Cryogenic Equipment. It serves the North American and European material handling markets.

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