Westport Innovations Inc (WPRT) : Zacks Investment Research ranks Westport Innovations Inc (WPRT) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.14, which indicates as a Buy.
Westport Innovations Inc (WPRT) : 6 investment research analysts covering Westport Innovations Inc (WPRT) have an average price target of $4.13 for the near short term. The highest target price given by the Brokerage Firm to the stock is $7 and the lowest target is $2 for the short term. Analysts expect the variance to be within $1.76 of the average price.
Company shares have received an average consensus rating of Hold for the current week
Westport Innovations Inc (NASDAQ:WPRT): The stock opened at $1.40 on Tuesday but the bulls could not build on the opening and the stock topped out at $1.49 for the day. The stock traded down to $1.35 during the day, due to lack of any buying support eventually closed down at $1.36 with a loss of -4.23% for the day. The stock had closed at $1.42 on the previous day. The total traded volume was 1,327,653 shares.
Westport Innovations Inc. is a provider of engine and fuel system technologies utilizing gaseous fuels. The Company operates through six segments: Westport Applied Technologies Business Unit, Westport On-Road Systems Business Unit, Westport Off-Road Systems Business Unit, Corporate and Technology Investments Business Unit, Cummins Westport Inc and Weichai Westport Inc. Westport Applied Technologies Business Unit designs, produces, and sells compressed natural gas and liquefied petroleum gas components and subsystems for natural gas vehicles. Westport On-Road Systems Business Unit engineers, designs, assemble and sell natural gas engine and vehicle systems. Westport Off-Road Systems Business Unit engineers, designs, and markets the Companys natural gas technologies. Cummins Westport serves the medium- to heavy-duty engine markets with spark ignited natural gas engines. Weichai Westport develops, manufactures, and sells advanced, alternative fuel engines and parts.