Tritium DCFC (NASDAQ:DCFC – Get Rating)‘s stock had its “neutral” rating reiterated by equities researchers at Credit Suisse Group in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $3.00 price objective on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 140.00% from the company’s current price.
Several other analysts have also recently issued reports on the company. Roth Capital cut their price objective on Tritium DCFC from $4.00 to $2.00 in a research note on Tuesday, January 17th. Raymond James cut their price objective on Tritium DCFC from $7.00 to $4.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 4th. Finally, B. Riley cut their price objective on Tritium DCFC from $10.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, January 24th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.83.
Tritium DCFC Stock Performance
Shares of NASDAQ DCFC opened at $1.25 on Wednesday. The stock’s 50 day moving average price is $1.54 and its two-hundred day moving average price is $2.39. Tritium DCFC has a 52-week low of $1.03 and a 52-week high of $10.55.
Hedge Funds Weigh In On Tritium DCFC
Tritium DCFC Company Profile
Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, North America, Europe, and the Asia Pacific. The company's charging station hardware portfolio includes various standalone chargers, such as 50, 75, 150, 175, and 350-kilowatt chargers.
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