H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Ceco Environmental (CECE) today and set a price target of $9. The company’s shares closed yesterday at $7.27.
According to TipRanks.com, Dayal has 0 stars on 0-5 star ranking scale with an average return of -8.7% and a 41.7% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Capstone Turbine Corp, and UQM Technologies Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceco Environmental with a $9.50 average price target, a 30.7% upside from current levels. In a report issued on February 26, Maxim Group also maintained a Buy rating on the stock with a $10 price target.
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The company has a one-year high of $9.18 and a one-year low of $4.05. Currently, Ceco Environmental has an average volume of 80.99K.
Based on the recent corporate insider activity of 19 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 CECE in relation to earlier this year.
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CECO Environmental Corp. engages in the provision of engineering technology. It provides services in the field of environment, energy, fluid handling, and filtration. The company operates through the following segments: Environmental, Energy, and Fluid Handling & Filtration.
