Zacks: FENNER (FNERF) Given Average Recommendation of “Strong Buy” by Brokerages
FENNER (NASDAQ:FNERF) has earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Zacks has also assigned FENNER an industry rank of 46 out of 265 based on the ratings given to its competitors.
A number of research firms have recently issued reports on FNERF. Zacks Investment Research raised shares of FENNER from a “hold” rating to a “buy” rating and set a $4.25 price target for the company in a research report on Monday, July 10th. Numis Securities Ltd raised shares of FENNER from a “hold” rating to an “add” rating in a research report on Friday, July 7th.
FENNER (NASDAQ FNERF) opened at 4.50 on Friday. FENNER has a 52-week low of $2.46 and a 52-week high of $4.50. The stock has a 50 day moving average of $4.07 and a 200-day moving average of $3.89. The firm has a market cap of $872.50 million and a price-to-earnings ratio of 250.00.
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