Roth Capital analyst John M. White reiterated a Buy rating on Profire Energy (NASDAQ: PFIE) yesterday and set a price target of $4.75. The company’s shares closed yesterday at $3.59.
According to TipRanks.com, White is a 3-star analyst with an average return of 1.7% and a 45.6% success rate. White covers the Basic Materials sector, focusing on stocks such as Superior Drilling Products, Lonestar Resources US, and W&T Offshore.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Profire Energy with a $5.88 average price target, which is a 63.8% upside from current levels. In a report issued on August 2, Maxim Group also reiterated a Buy rating on the stock with a $7 price target.
.
See today’s analyst top recommended stocks >>
Profire Energy’s market cap is currently $175.2M and has a P/E ratio of 29.92. The company has a Price to Book ratio of 3.79.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Profire Energy, Inc. engages in the development of burner-management technologies used on a oilfield natural-draft fire tube vessels in oil and gas industry. It offers line-heaters, dehydrators, separators, treaters, amine reboilers, and free-water knockout systems which facilitate the proper function of the vessel.
