Hydrogenics Corp Gets a Buy Rating from H.C. Wainwright

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Hydrogenics Corp (NASDAQ: HYGS) today and set a price target of $10. The company’s shares closed yesterday at $8.15.

According to TipRanks.com, Dayal is a 1-star analyst with an average return of 0.0% and a 41.3% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pacific Ethanol, and Marrone Bio.

Hydrogenics Corp has an analyst consensus of Moderate Buy, with a price target consensus of $10.

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The company has a one-year high of $12.00 and a one-year low of $6.75. Currently, Hydrogenics Corp has an average volume of 36.28K.

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Hydrogenics Corp. designs, develops and manufactures hydrogen generation and fuel cell products based on water electrolysis technology and proton exchange membrane technology. It operates through OnSite Generation and Power Systems segment.