Workhorse Group Inc (NASDAQ:WKHS) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Analysts have set a 1 year consensus target price of $3.25 for the company, according to Zacks. Zacks has also assigned Workhorse Group an industry rank of 142 out of 255 based on the ratings given to related companies.
Separately, ValuEngine upgraded shares of Workhorse Group from a “hold” rating to a “buy” rating in a research note on Friday, December 21st.
Shares of NASDAQ WKHS opened at $0.97 on Wednesday. Workhorse Group has a fifty-two week low of $0.37 and a fifty-two week high of $3.31. The stock has a market cap of $55.37 million, a P/E ratio of -0.89 and a beta of 1.39.
Workhorse Group Company Profile
Workhorse Group Inc designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency.
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