H-power (LON:HPOW) Stock Keeps “Speculative Buy” Rating at Canaccord Genuity Group

H-power (LON:HPOW)‘s stock had its “speculative buy” rating reissued by equities researchers at Canaccord Genuity Group in a report released on Monday, Digital Look reports. They currently have a GBX 25 target price on the stock. Canaccord Genuity Group‘s price objective suggests a potential upside of 272.63% from the stock’s current price.

H-power Stock Down 10.3%

Shares of LON HPOW opened at GBX 6.71 on Monday. H-power has a 52 week low of GBX 6.49 and a 52 week high of GBX 17.20. The company has a market capitalization of £76.31 million and a PE ratio of -3.88. The stock has a fifty day moving average of GBX 9.39.

Insider Transactions at H-power

In other news, insider John Wilson acquired 236,438 shares of H-power stock in a transaction on Thursday, October 22nd. The shares were purchased at an average cost of GBX 8 per share, for a total transaction of £18,915.04. 4.64% of the stock is owned by insiders.

H-power Company Profile

H-Power plc (AIM: HPOW) (formerly AFC Energy plc) is a leading provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Our market-leading decentralised ammonia cracker and fuel cell generator products are engineered to unlock the low carbon hydrogen market by meeting customers’ needs with scalable, reliable supplies of low carbon hydrogen and power. H-Power is enabling customers to decarbonise at a price that is commercially viable.
We are focused on the successful commercial rollout of our core product suite and on creating significant shareholder value by converting our growing opportunity pipeline into contracted orders and delivering sustained revenue growth.