In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Beam Global (BEEM), with a price target of $90.00. The company’s shares closed last Wednesday at $43.36.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 25.0% and a 52.7% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Ceco Environmental, Capstone Turbine, and Mistras Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beam Global with a $69.33 average price target.
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Beam Global’s market cap is currently $345.7M and has a P/E ratio of -44.80. The company has a Price to Book ratio of 19.30.
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Envision Solar International, Inc. engages in the invention, design, engineering, manufacture, and sale of solar powered products. It offers solar powered products and proprietary technology solutions for electric vehicle charging infrastructure, out of home advertising platforms, and energy security and disaster preparedness. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.
