Zacks Rating on Plug Power (PLUG)

Plug Power (PLUG) : 5 analysts are covering Plug Power (PLUG) and their average rating on the stock is 1.8, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Plug Power (PLUG) : The highest level Plug Power (PLUG) is projected to reach is $3 for the short term and the lowest estimate is at $2. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $2.7 and the possibility the share price can swing is $0.45.


Shares of Plug Power Inc. appreciated by 2.42% during the last five trading days but lost 7.14% on a 4-week basis. Plug Power Inc. has dropped 3.43% during the last 3-month period . Year-to-Date the stock performance stands at -19.91%. Plug Power (NASDAQ:PLUG): stock turned positive on Tuesday. Though the stock opened at $1.69, the bulls momentum made the stock top out at $1.71 level for the day. The stock recorded a low of $1.68 and closed the trading day at $1.69, in the green by 0.60%. The total traded volume for the day was 1,128,034. The stock had closed at $1.68 in the previous days trading.

Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Companys product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled PEM fuel cell system. It provides power to material handling vehicles. GenFuel is the hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for maximum productivity. GenCare is the ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is the stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.

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