Energy Focus (EFOI) Given a $3.00 Price Target at B. Riley

B. Riley set a $3.00 price objective on Energy Focus (NASDAQ:EFOI) in a research report report published on Thursday morning. The brokerage currently has a hold rating on the construction company’s stock.

Several other equities research analysts also recently commented on the company. ValuEngine downgraded Energy Focus from a sell rating to a strong sell rating in a report on Tuesday, September 26th. HC Wainwright restated a buy rating and issued a $6.00 price target on shares of Energy Focus in a research note on Thursday, November 9th. Zacks Investment Research upgraded Energy Focus from a hold rating to a buy rating and set a $3.25 price target for the company in a research note on Monday, November 13th. Finally, Roth Capital set a $2.00 price target on Energy Focus and gave the stock a hold rating in a research note on Friday, October 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Energy Focus presently has a consensus rating of Hold and a consensus price target of $3.55.

Energy Focus (NASDAQ EFOI) traded up $0.12 during trading on Thursday, reaching $2.84. The company’s stock had a trading volume of 337,447 shares, compared to its average volume of 42,612. Energy Focus has a twelve month low of $1.51 and a twelve month high of $5.20.

An institutional investor recently raised its position in Energy Focus stock. WealthTrust Axiom LLC lifted its holdings in Energy Focus Inc (NASDAQ:EFOI) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 461,144 shares of the construction company’s stock after purchasing an additional 36,150 shares during the quarter. WealthTrust Axiom LLC owned 3.89% of Energy Focus worth $1,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 16.71% of the company’s stock.

TRADEMARK VIOLATION WARNING: This story was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://sportsperspectives.com/2017/12/01/energy-focus-efoi-given-a-3-00-price-target-at-b-riley.html.

Energy Focus Company Profile

Energy Focus, Inc along with its subsidiaries is engaged in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is engaged in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets.

Receive News & Ratings for Energy Focus Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply