Investec reiterated their buy rating on shares of ITM Power (LON:ITM) in a research report report published on Thursday morning. The brokerage currently has a GBX 67 ($0.90) price objective on the stock.
Shares of ITM Power (ITM) traded up GBX 0.50 ($0.01) on Thursday, hitting GBX 38 ($0.51). 772,484 shares of the stock traded hands, compared to its average volume of 543,433. ITM Power has a 1-year low of GBX 16.62 ($0.22) and a 1-year high of GBX 61.75 ($0.83).
TRADEMARK VIOLATION WARNING: “ITM Power (ITM) Earns “Buy” Rating from Investec” was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.com-unik.info/2017/12/04/itm-power-itm-earns-buy-rating-from-investec.html.
ITM Power Company Profile
ITM Power Plc designs and manufactures integrated hydrogen energy solutions for energy storage and clean fuel production. The Company has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The Company’s product, HGas, is designed for Power-to-Gas applications. HGas accommodates fluctuating power profiles while generating hydrogen at pressures suitable for either direct injection into natural gas networks or through methanation processes without additional compression.
What are top analysts saying about ITM Power plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for ITM Power plc and related companies.