Zacks: Aemetis, Inc (AMTX) Receives Consensus Rating of “Hold” from Analysts
Aemetis, Inc (NASDAQ:AMTX) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Brokers have set a 12 month consensus target price of $2.00 for the company and are anticipating that the company will post ($0.24) EPS for the current quarter, according to Zacks. Zacks has also assigned Aemetis an industry rank of 66 out of 265 based on the ratings given to related companies.
A number of research firms have issued reports on AMTX. B. Riley reissued a “hold” rating and set a $2.00 target price on shares of Aemetis in a research report on Monday, November 13th. Zacks Investment Research upgraded Aemetis from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, FBR & Co restated a “neutral” rating and set a $2.00 price target on shares of Aemetis in a research note on Saturday, August 19th.
A hedge fund recently bought a new stake in Aemetis stock. Ninepoint Partners LP acquired a new stake in Aemetis, Inc (NASDAQ:AMTX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,151,373 shares of the specialty chemicals company’s stock, valued at approximately $1,002,000. Ninepoint Partners LP owned 5.81% of Aemetis as of its most recent SEC filing. 25.67% of the stock is currently owned by institutional investors and hedge funds.
Aemetis, Inc is an international renewable fuels and biochemicals company. The Company is focused on the production of fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into biorefineries.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Aemetis Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aemetis Inc and related companies with MarketBeat.com's FREE daily email newsletter.