Electrameccanica Vehicles Corp (NASDAQ:SOLO) Receives $5.67 Consensus Target Price from Analysts
Shares of Electrameccanica Vehicles Corp (NASDAQ:SOLO) have received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $5.67.
Several brokerages have commented on SOLO. ValuEngine downgraded shares of Electrameccanica Vehicles from a “buy” rating to a “hold” rating in a report on Friday. Zacks Investment Research raised shares of Electrameccanica Vehicles from a “sell” rating to a “hold” rating in a report on Tuesday, October 8th. Finally, Aegis began coverage on shares of Electrameccanica Veh ...