In a report released today, Jeff Grampp from Northland Securities maintained a Buy rating on Target Hospitality Corp (TH), with a price target of $14. The company’s shares closed yesterday at $9.43, close to its 52-week low of $8.92.
According to TipRanks.com, Grampp ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -11.3% and a 29.7% success rate. Grampp covers the Basic Materials sector, focusing on stocks such as Sundance Energy Australia, Penn Virginia Corporation, and Goodrich Petroleum Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Target Hospitality Corp with a $13.80 average price target.
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The company has a one-year high of $12.11 and a one-year low of $8.92. Currently, Target Hospitality Corp has an average volume of 431.3K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TH in relation to earlier this year.
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Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. Its services include catering, housekeeping and maintenance, recreation and leisure, fitness, security, and transportation. The company was founded in July 12, 2017 and is headquartered in The Woodlands, TX.
