Colliers Securities analyst Michael Shlisky initiated coverage with a Buy rating on Decarbonization Plus Acquisition (DCRB) today and set a price target of $15.00. The company’s shares closed last Tuesday at $10.00, close to its 52-week low of $9.87.
According to TipRanks.com, Shlisky is a 4-star analyst with an average return of 21.3% and a 50.0% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Manitex International, and Alta Equipment Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Decarbonization Plus Acquisition with a $15.00 average price target.
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The company has a one-year high of $19.95 and a one-year low of $9.87. Currently, Decarbonization Plus Acquisition has an average volume of 509.5K.
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Decarbonization Plus Acquisition Corp is a blank check company.