Ceres Power (OTCMKTS:CPWHF) Earns Sector Perform Rating from Analysts at Royal Bank of Canada

Royal Bank of Canada began coverage on shares of Ceres Power (OTCMKTS:CPWHFGet Rating) in a research note released on Thursday, The Fly reports. The firm issued a sector perform rating on the stock.

Separately, The Goldman Sachs Group upgraded Ceres Power from a sell rating to a buy rating in a research report on Tuesday, June 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $1,150.00.

Ceres Power Trading Down 13.9 %

Shares of CPWHF stock opened at $4.67 on Thursday. Ceres Power has a 1 year low of $4.37 and a 1 year high of $17.43. The business’s fifty day moving average is $7.14 and its 200-day moving average is $8.07.

Ceres Power Company Profile

(Get Rating)

Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen.

Read More

The Fly logo

Analyst Recommendations for Ceres Power (OTCMKTS:CPWHF)

Receive News & Ratings for Ceres Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceres Power and related companies with MarketBeat.com's FREE daily email newsletter.