Aspen Aerogels (ASPN) Gets a Buy Rating from H.C. Wainwright
H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Aspen Aerogels (ASPN) today and set a price target of $10.00. The company’s shares closed last Thursday at $6.62.
According to TipRanks.com, Dayal is a 4-star analyst with an average return of 8.0% and a 42.6% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Renewable Energy Group, Ballard Power Systems, and Westport Fuel Systems.
Aspen Aerogels has an analyst consensus of Strong Buy, with a price target consensus of $9.67, implying a 55.7% upside from current levels. In a report issued on July 20, B.Riley FBR also maintained a Buy rating on the stock with a $9.00 price target.
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The company has a one-year high of $10.71 and a one-year low of $4.09. Currently, Aspen Aerogels has an average volume of 139.2K.
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Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. It operates through Unites States and International geographical segments. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee on May 4, 2001 and is headquartered in Northborough, MA.
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