Shares of U.S. Geothermal Inc. (NYSE:HTM) have received a consensus rating of “Buy” from the five brokerages that are currently covering the firm. Five equities research analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $1.79.

HTM has been the topic of several analyst reports. Zacks Investment Research upgraded shares of U.S. Geothermal from a “hold” rating to a “buy” rating and set a $0.75 price target on the stock in a research note on Wednesday, August 17th. Raymond James Financial Inc. upgraded shares of U.S. Geothermal from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $10.00 to $5.00 in a research note on Thursday.

An institutional investor recently raised its position in U.S. Geothermal stock. Wells Fargo & Company MN boosted its position in U.S. Geothermal Inc. (NYSE:HTM) by 0.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,549,366 shares of the company’s stock after buying an additional 12,671 shares during the period. Wells Fargo & Company MN owned 1.37% of U.S. Geothermal worth $1,122,000 as of its most recent filing with the SEC.

U.S. Geothermal (NYSE:HTM) opened at 3.87 on Friday. U.S. Geothermal has a one year low of $0.49 and a one year high of $4.25. The firm has a 50-day moving average price of $0.88 and a 200 day moving average price of $0.81. The firm has a market capitalization of $73.09 million and a P/E ratio of 70.36.

About U.S. Geothermal

U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.

5 Day Chart for NYSE:HTM

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