H.C. Wainwright Thinks Superconductor Technologies Inc’s Stock is Going to Recover


H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Superconductor Technologies Inc (NASDAQ: SCON) today and set a price target of $3. The company’s shares closed yesterday at $0.92, close to its 52-week low of $0.88.

According to TipRanks.com, Dayal is a 1-star analyst with an average return of -0.9% and a 37.0% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Pacific Ethanol, Plug Power, and BioAmber.

Superconductor Technologies Inc has an analyst consensus of Moderate Buy, with a price target consensus of $3.

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The company has a one-year high of $2 and a one-year low of $0.88. Currently, Superconductor Technologies Inc has an average volume of 115.7K.

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Superconductor Technologies, Inc. engages in the provision of high temperature superconducting solutions. Its products include conductus superconducting wire, electric utilities and smart grids, and superconducting applications. The company was founded on May 11, 1987 and is headquartered in Austin, TX.

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