Analyst Rating Update on FuelCell Energy (FCEL)

FuelCell Energy (FCEL) : The consensus on FuelCell Energy (FCEL) based on 4 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

FuelCell Energy (FCEL) : The highest level FuelCell Energy (FCEL) is projected to reach is $15 for the short term and the lowest estimate is at $9. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $12.25 and the possibility the share price can swing is $2.5.

For the current week, the company shares have a recommendation consensus of Buy.


FuelCell Energy (NASDAQ:FCEL): The stock opened at $5.18 on Wednesday but the bulls could not build on the opening and the stock topped out at $5.20 for the day. The stock traded down to $4.98 during the day, due to lack of any buying support eventually closed down at $5.10 with a loss of -1.92% for the day. The stock had closed at $5.20 on the previous day. The total traded volume was 755,671 shares.

FuelCell Energy, Inc. is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services ultra-clean, stationary fuel cell power plants for distributed power generation. It provides turn-key power generation solutions to its customers, including power plant installations, as well as power plant operation and maintenance. The Companys Direct FuelCell (DFC) power plants utilize carbonate fuel cell technology, and produce base load electricity. It has two primary markets for its products, which include Ultra-Clean Power and Renewable Power. The Company also offers solutions, such as DFC-ERG (Direct FuelCell Energy Recovery Generation) and HEFC (High Efficiency Fuel Cell). The Company operates in South Korea, the United States, Asia, Europe and Canada. Its customers include utility companies, municipalities, universities, government entities and a variety of industrial and commercial enterprises.

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