Analysts rate Orbital Energy Group Inc. (OEG:NSD) with a $4 target

Alliance Global Partners lowered the OEG stock price target from $8.5 to $4.

Based on the Orbital Energy Group stock forecast from 1 analyst, the average analyst OEG stock price target is USD 4.00 over the next 12 months. Orbital Energy Group Inc’s average analyst rating is not available. Stock Target Advisor’s own stock analysis of Orbital Energy stock is Neutral, which is based on 1 positive signal and 1 negative signals. At the last closing, Orbital Energy stock price was USD 0.81Orbital Energy stock price has changed by -0.02% over the past week, +0.21% over the past month and -75.82% over the last year.

About Orbital Energy Group Inc. (OEG:NSD):

Orbital Energy Group Inc. is creating a diversified platform through the acquisition and development of innovative companies. The company operates through four segments; Orbital Power Services, Orbital Solar Services, Orbital Telecom Services, and Orbital Gas Systems. The company was founded in 1984 and is headquartered in the United States.

 

What we like:

Superior risk-adjusted returns:

Orbital Energy stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

 

What we don’t like:

High volatility:

The total returns for Orbital Energy stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.