In a report released yesterday, Chris Dendrinos from RBC Capital maintained a Hold rating on Westport Fuel Systems (WPRT – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $5.60.
According to TipRanks, Dendrinos is an analyst with an average return of -16.6% and a 32.43% success rate. Dendrinos covers the Industrials sector, focusing on stocks such as Plug Power, Bloom Energy, and RBC Bearings.
Westport Fuel Systems has an analyst consensus of Moderate Buy, with a price target consensus of $15.30.
The company has a one-year high of $12.00 and a one-year low of $0.69. Currently, Westport Fuel Systems has an average volume of 58.09K.
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Westport Fuel Systems (WPRT) Company Description:
Westport Fuel Systems, Inc. engages in the engineering, manufacture, and supply of alternative fuel systems and components. It operates through the following segments: Transportation, Cummins Westport Inc. (CWI) Joint Venture, and Corporate. The Transportation segment designs, manufactures, and sells alternative fuel systems and components for transportation applications. The CWI Joint Venture segment serves the medium and heavy-duty on highway engine markets. The Corporate segment refers to the public company activities, corporate oversight, and general administrative duties. The company was founded on March 20, 1995 and is headquartered in Vancouver, Canada.
