Analysts Set $3.25 Target Price for Workhorse Group Inc (WKHS)
Shares of Workhorse Group Inc (NASDAQ:WKHS) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price objective of $3.25 for the company, according to Zacks. Zacks has also assigned Workhorse Group an industry rank of 142 out of 255 based on the ratings given to related companies.
Separately, ValuEngine raised shares of Workhorse Group from a “hold” rating to a “buy” rating in a report on Friday, December 21st.
NASDAQ:WKHS opened at $0.97 on Wednesday. The company has a market capitalization of $55.37 million, a P/E ratio of -0.89 and a beta of 1.39. Workhorse Group has a 12 month low of $0.37 and a 12 month high of $3.31.
Workhorse Group Company Profile
Workhorse Group Inc designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency.
Read More: Why do companies engage in swaps?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Workhorse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workhorse Group and related companies with MarketBeat.com's FREE daily email newsletter.