Zacks: FENNER (NASDAQ:FNERF) Receives Consensus Recommendation of “Strong Buy” from Analysts
FENNER (NASDAQ:FNERF) has earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Zacks has also assigned FENNER an industry rank of 112 out of 265 based on the ratings given to its competitors.
Several research firms have commented on FNERF. Numis Securities Ltd raised shares of FENNER from a “hold” rating to an “add” rating in a research note on Friday. Zacks Investment Research raised shares of FENNER from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a research note on Monday.
Shares of FENNER (NASDAQ FNERF) traded up 1.20% during midday trading on Tuesday, hitting $4.20. 15,000 shares of the stock were exchanged. FENNER has a 1-year low of $2.46 and a 1-year high of $4.30. The company has a market capitalization of $814.33 million and a P/E ratio of 221.05. The firm has a 50-day moving average of $4.03 and a 200-day moving average of $3.71.
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