In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Quest Resource (QRHC), with a price target of $3.50. The company’s shares closed last Monday at $2.27.
According to TipRanks.com, Dayal is a 1-star analyst with an average return of -0.1% and a 42.4% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Advanced Emissions Solutions, Ballard Power Systems, and Orion Energy Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Quest Resource with a $3.50 average price target.
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The company has a one-year high of $3.10 and a one-year low of $1.26. Currently, Quest Resource has an average volume of 34.52K.
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Quest Resource Holding Corp. engages in the provision of reuse, recycling, and disposal services. It focuses on the waste streams and recyclables from big box, food chain, and other retailers; automotive repair, maintenance, and tire operations; truck and bus fleet operators; manufacturing plants; multi-family and commercial properties; and construction and demolition projects. The company was founded by Jeffrey I. Rassas on August 22, 2008 and is headquartered in The Colony, TX.
