Itm Power (OTCMKTS:ITMPF – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $1.0150, but opened at $1.10. Itm Power shares last traded at $1.10, with a volume of 200 shares trading hands.
Analysts Set New Price Targets
Several brokerages have recently commented on ITMPF. Berenberg Bank upgraded shares of Itm Power from a “hold” rating to a “strong-buy” rating in a report on Monday, August 4th. Peel Hunt upgraded shares of Itm Power to a “hold” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on ITMPF
Itm Power Trading Up 8.4%
About Itm Power
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.
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