Stephen Volkmann, analyst at Jefferies, reiterates coverage on Electric Last Mile Solutions (ELMS) in the Financial sector with a Buy rating. TipRanks.com has Volkmann rated as a 5 star analyst with a 25% return on investment and a 72% success rate. Volkmann has set a price target of $18.00 .
TipRanks.com reports that ELMS currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $15.40 . The target pricing ranges from a high forecast of $18.00 down to a low forecast of $13.00 .
ELMS’s last closing price was $8.60 which would put the average price target at 79.07% upside.
In addition, TradingView issued a Strong Sell rating for ELMS over the next month.
Remember, securities are volatile, so please do your own research on ELMS.
Other analysts covering ELMS include:
- Gregory Lewis of BTIG issued a buy rate with the price target of $15 on July 26th
- Daniel Ives of Wedbush issued a buy rate with the price target of $17 on July 20th
- Jeff Osborne of Cowen & Co. issued a buy rate with the price target of $14 on July 8th
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