Northland Securities Begins Coverage on HCM II Acquisition (NASDAQ:IMSR)

Equities research analysts at Northland Securities began coverage on shares of HCM II Acquisition (NASDAQ:IMSR) in a report issued on Thursday, MarketBeat Ratings reports. The brokerage set an “outperform” rating and a $15.00 price target on the stock. Northland Securities’ target price would indicate a potential upside of 64.65% from the stock’s current price.

A number of other research analysts have also issued reports on IMSR. Cantor Fitzgerald assumed coverage on HCM II Acquisition in a research report on Friday, December 19th. They set an “overweight” rating and a $12.00 price target for the company. Weiss Ratings restated a “sell (d)” rating on shares of HCM II Acquisition in a research note on Wednesday, December 24th. Finally, Wall Street Zen downgraded shares of HCM II Acquisition from a “hold” rating to a “sell” rating in a report on Monday, December 22nd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.50.

HCM II Acquisition Trading Down 1.4%

Shares of NASDAQ IMSR opened at $9.11 on Thursday. HCM II Acquisition has a 12-month low of $5.95 and a 12-month high of $31.50.

About HCM II Acquisition

Terrestrial Energy Inc produces carbon free nuclear energy in North Carolina and internationally. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.