H.C. Wainwright Maintains a Buy Rating on Energy Focus

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Energy Focus (NASDAQ: EFOI) today and set a price target of $6. The company’s shares closed yesterday at $2.36.

According to TipRanks.com, Dayal is a 1-star analyst with an average return of -1.0% and a 38.3% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pacific Ethanol, and Plug Power.

Energy Focus has an analyst consensus of Moderate Buy, with a price target consensus of $6.

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The company has a one-year high of $3.52 and a one-year low of $1.51. Currently, Energy Focus has an average volume of 15.67K.

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Energy Focus, Inc. engages in the design, development, and manufacture of energy-efficient lighting systems. It operates through the marketing and sale of commercial, industrial, and military maritime lighting products and research and development services. The company was founded in 1985 and is headquartered in Solon, OH.