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In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on EnSync Inc (NYSE: ESNC), with a price target of $1.50. The company’s shares closed yesterday at $0.35, close to its 52-week low of $0.31.
According to TipRanks.com, Dayal is a 1-star analyst with an average return of -0.1% and a 40.4% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pointer Telocation Ltd, and Pacific Ethanol.
EnSync Inc has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.
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The company has a one-year high of $0.65 and a one-year low of $0.31. Currently, EnSync Inc has an average volume of 233.9K.
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EnSync, Inc. designs, develops and manufactures advanced energy storage, power electronic systems and engineered custom & semi-custom products. It is a global corporation with strategic relationships, including meineng energy, holu energy, lotte chemical and Sloar Power, Inc. The company was founded in 1986 and is headquartered in Menomonee Falls, WI.
