RBC Capital Sticks to Their Buy Rating for ITM Power (ITM)
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According to TipRanks, Kerouredan is an analyst with an average return of -23.7% and a 19.23% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ITM Power with a p65.00 average price target, which is a 105.37% upside from current levels. In a report released on April 22, Jefferies also maintained a Buy rating on the stock with a p60.00 price target.
ITM market cap is currently £200.3M and has a P/E ratio of -5.29.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ITM in relation to earlier this year.
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