Plug Power, Inc. (PLUG) Broker Price Targets For The Coming Week

Plug Power Inc. (NASDAQ:PLUG) shares have traded 52.03% for the week and are 87.50% for the year.

PLUG stock was up 63% and AMZN stock was up 1% as of Wednesday morning. Hedge funds and other institutional investors own 17.83% of the company's stock.

Shares in United States Steel Corporation (NYSE:X) inclined 0.86%, trading current session at $32.92 with a total trading volume of 11.04 million shares. The Q2 2017 consensus earnings estimates for the company have stabilized at US$-0.06 per share. Our experts cover all kinds of trades... from value to momentum. from stocks under $10 to ETF and option moves. from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. We believe this news is a real game changer for Plug Power and the start of a new bull run for the company's shares.

Plug Power Inc. (PLUG) topped its 52-week high price target of 2.4 on April 5, 2017.

Relative strength index (RSI-14) for Plug Power Inc.

According to Yahoo Finance, the price target for the company which analysts are aiming is 3. The legal version of this piece of content can be read at https://www.chaffeybreeze.com/2017/04/05/plug-power-inc-plug-receives-2-05-average-price-target-from-brokerages-updated.html. The stock's price-to-book ratio is 4.79. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.02.

Plug Power (NASDAQ:PLUG) opened at 2.25 on Thursday. Plug Power Inc. was covered by a number of analysts recently, 1 rated the stock as Strong Buy, 3 rated Buy, 2 rated Hold, 0 rated sell and 0 gave an Underperform.

Amazon has agreed to a deal giving it the right to acquire a more than 20 percent stake in hydrogen fuel cell maker Plug Power, with plans to use the technology in its network of fulfillment centers. The stock hit its 52-week high price on 04/05/17 and 52-week low price on 02/09/17.

Ballard Power Systems advanced 1.28% to close at $2.38 on Wednesday. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. The stock climbed 73.08 percent over the past quarter, while surged 29.31 percent over the past six months. Walmart is one of several big wins Plug Power has announced in recent years, but Amazon's rapid growth and its goal of continuing to expand its infrastructure will make it an invaluable customer over time.

Its sales stood at -12.40% a year on average in the period of last five years.