Shares of Energy Focus Inc (NASDAQ:EFOI) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $3.63.
Several analysts recently weighed in on EFOI shares. ValuEngine lowered Energy Focus from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 22nd. Zacks Investment Research raised Energy Focus from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a report on Wednesday, January 3rd. HC Wainwright reaffirmed a “buy” rating and set a $6.00 target price on shares of Energy Focus in a report on Thursday, November 9th. Finally, B. Riley reaffirmed a “hold” rating and set a $3.00 target price on shares of Energy Focus in a report on Thursday, November 9th.
Shares of Energy Focus (NASDAQ EFOI) opened at $2.21 on Monday. The firm has a market capitalization of $26.20, a PE ratio of -1.50 and a beta of -0.17. Energy Focus has a fifty-two week low of $1.51 and a fifty-two week high of $4.80.
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About Energy Focus
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.
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