Maxim Group analyst Tate Sullivan maintained a Buy rating on BioHiTech Global Inc (BHTG) yesterday and set a price target of $4. The company’s shares closed yesterday at $2.51.
Sullivan wrote:
“BHTG’s products help businesses and governments reduce the amount of waste placed in landfills, which leads to decreases in landfill emissions and transportation costs, among other benefits.”
According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 7.0% and a 72.1% success rate. Sullivan covers the Basic Materials sector, focusing on stocks such as Natural Gas Services Group, Emcor Group, and Tetra Tech.
BioHiTech Global Inc has an analyst consensus of Moderate Buy, with a price target consensus of $4.
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The company has a one-year high of $5.76 and a one-year low of $1.60. Currently, BioHiTech Global Inc has an average volume of 27.81K.
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BioHiTech Global, Inc. engages in the provision of waste management services. Its products and services include food waste digesters, data analytics tools, traditional disposal services, and sophisticated facilities for processing municipal solid waste. The company was founded on March 20, 2013 and is headquartered in New York, NY.
