Zacks: Uqm Technologies Inc (UQM) Given $2.50 Consensus Price Target by Analysts

Shares of Uqm Technologies Inc (NASDAQ:UQM) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12 month consensus price target of $2.50 for the company and are forecasting that the company will post ($0.05) EPS for the current quarter, according to Zacks. Zacks has also given Uqm Technologies an industry rank of 120 out of 257 based on the ratings given to its competitors.

Separately, HC Wainwright reiterated a “buy” rating on shares of Uqm Technologies in a report on Friday, November 2nd.

Shares of NASDAQ:UQM opened at $1.22 on Wednesday. Uqm Technologies has a one year low of $0.89 and a one year high of $1.79.

Uqm Technologies (NASDAQ:UQM) last announced its earnings results on Wednesday, October 31st. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $4.39 million for the quarter, compared to analysts’ expectations of $3.53 million.

Uqm Technologies Company Profile

UQM Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors in the United states and internationally. The company offers propulsion motors and generators, auxiliary motors, and electronic controls and DC-to-DC converters for electric, hybrid electric, plug-in hybrid electric, and fuel cell applications.

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