Bloom Energy Corp (BE) Receives a Hold from Robert W. Baird
In a report released today, Ben Kallo from Robert W. Baird reiterated a Hold rating on Bloom Energy Corp (BE), with a price target of $14. The company’s shares closed yesterday at $10.69, close to its 52-week low of $8.88.
According to TipRanks.com, Kallo is a 4-star analyst with an average return of 7.4% and a 58.1% success rate. Kallo covers the Consumer Goods sector, focusing on stocks such as Bunge Limited, Polyone Corp, and First Solar.
Bloom Energy Corp has an analyst consensus of Hold, with a price target consensus of $15, representing a 40.3% upside. In a report released yesterday, Cowen & Co. also reiterated a Hold rating on the stock with a $16 price target.
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The company has a one-year high of $38 and a one-year low of $8.88. Currently, Bloom Energy Corp has an average volume of 634.2K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock.
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Bloom Energy Corp. manufactures and installs on-site distributed power generators. Its products include energy server achitecture, solide oxide fuel cells, distributed generation, Es5 data sheet and UPM-570 data sheet.