It’s been a crucial week for Plug Power Inc. (NASDAQ:PLUG); here’s what analysts have to say.

March 16, 2018 - By Vivian Park

 It's been a crucial week for Plug Power Inc. (NASDAQ:PLUG); here's what analysts have to say.
Investors sentiment decreased to 1.72 in 2017 Q3. Its down 1.90, from 3.62 in 2017Q2. It is negative, as 10 investors sold Plug Power Inc. shares while 26 reduced holdings. 24 funds opened positions while 38 raised stakes. 54.72 million shares or 48.18% less from 105.60 million shares in 2017Q2 were reported.
Exane Derivatives holds 0% or 1 shares in its portfolio. Teacher Retirement Systems Of Texas reported 18,146 shares. 1,000 were accumulated by Huntington Comml Bank. Paloma Prtn Management Company owns 0% invested in Plug Power Inc. (NASDAQ:PLUG) for 50,738 shares. Mark Sheptoff Financial Planning Lc, Connecticut-based fund reported 30 shares. Boston Private Wealth Limited Liability Corporation holds 0% or 30,251 shares. Wells Fargo And Mn has 193,651 shares. Janney Montgomery Scott Ltd Com invested in 0% or 36,480 shares. Schwab Charles Investment holds 944,333 shares or 0% of its portfolio. Jefferies Group Inc Ltd Limited Liability Company has invested 0% of its portfolio in Plug Power Inc. (NASDAQ:PLUG). Northern Trust Corp reported 0% stake. Great West Life Assurance Can holds 17,975 shares. Group One Trading L P reported 147,553 shares. Rhumbline Advisers has 0% invested in Plug Power Inc. (NASDAQ:PLUG) for 245,048 shares. Alliancebernstein L P has 0% invested in Plug Power Inc. (NASDAQ:PLUG) for 96,790 shares.

Plug Power Inc. (NASDAQ:PLUG) Ratings Coverage

Among 7 analysts covering Plug Power (NASDAQ:PLUG), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Plug Power had 24 analyst reports since July 28, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of PLUG in report on Monday, July 10 with “Buy” rating. The stock has “Buy” rating by Rodman & Renshaw on Tuesday, December 6. The firm has “Buy” rating given on Wednesday, August 9 by H.C. Wainwright. Canaccord Genuity maintained it with “Buy” rating and $5.0 target in Friday, February 2 report. H.C. Wainwright maintained Plug Power Inc. (NASDAQ:PLUG) rating on Monday, July 24. H.C. Wainwright has “Buy” rating and $400 target. The firm earned “Outperform” rating on Friday, December 18 by FBR Capital. The rating was maintained by Cowen & Co with “Buy” on Thursday, September 14. The stock of Plug Power Inc. (NASDAQ:PLUG) earned “Buy” rating by FBR Capital on Friday, February 9. The stock has “Hold” rating by Zacks on Wednesday, August 12. On Tuesday, July 28 the stock rating was initiated by Craig Hallum with “Buy”. Below is a list of Plug Power Inc. (NASDAQ:PLUG) latest ratings and price target changes.

08/03/2018 Broker: FBR Capital Rating: Buy Maintain
07/03/2018 Broker: Canaccord Genuity Rating: Buy New Target: $5.0 Maintain
09/02/2018 Broker: FBR Capital Rating: Buy New Target: $3.5 Maintain
02/02/2018 Broker: Canaccord Genuity Rating: Buy New Target: $5.0 Maintain
07/12/2017 Broker: FBR Capital Rating: Buy New Target: $3.5 Maintain
01/12/2017 Broker: Canaccord Genuity Rating: Buy New Target: $5 Initiates Coverage On
09/11/2017 Broker: FBR Capital Rating: Buy New Target: $3.5 Maintain
16/10/2017 Broker: Cowen & Co Rating: Buy New Target: $3.0 Maintain

The stock increased 2.55% or $0.05 during the last trading session, reaching $2.01. About 1.71 million shares traded. Plug Power Inc. (NASDAQ:PLUG) has risen 11.11% since March 16, 2017 and is uptrending. It has underperformed by 5.59% the S&P500.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen fuel cell systems primarily for the material handling and stationary power markets in the United States. The company has market cap of $459.26 million. It focuses on proton exchange membrane fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. It currently has negative earnings. The firm offers GenDrive, hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells, GenSure products, and GenFuel products; and GenSure, a stationary fuel cell solution that provides scalable modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors.

More important recent Plug Power Inc. (NASDAQ:PLUG) news were published by: which released: “Plug Power (PLUG) Q4 Loss Wider than Expected, Ups ’18 View” on March 08, 2018, also published article titled: “More on Plug Power’s Q4”, published: “Plug Power: Glutton For Punishment” on March 08, 2018. More interesting news about Plug Power Inc. (NASDAQ:PLUG) was released by: and their article: “Plug Power to Announce 2017 Fourth Quarter and Year End Results” with publication date: February 27, 2018.

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