Evgo Inc. (EVGO:NSD) Analysts rate as a Strong Buy, $14

STA Research
by: STA Research

Based on the Evgo Inc stock forecasts from 7 analysts, the average analyst target price for Evgo Inc is USD 14.14 over the next 12 months. Evgo Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Evgo Inc is Slightly Bearish, which is based on 1 positive signals and 2 negative signals. At the last closing, Evgo Inc’s stock price was USD 9.51. Evgo Inc’s stock price has changed by -0.07% over the past week, +0.68% over the past month and +0.00% over the last year.

Recently, Capital One upgraded the stock to Overweight.

A direct current fast charging network can be found in the United States, and it is owned and operated by EVgo, Inc. The year 2010 marked the year of the company’s incorporation, and it currently maintains its headquarters in Los Angeles, California.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What we don’t like:

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

 

Leave a Reply

Your email address will not be published.