Published On: Wed, Oct 19th, 2016

Analyst Review: Hydrogenics Corporation (HYGS)


A number of investment brokers have recently updated their price targets on shares of Hydrogenics Corporation (HYGS).

Most recent broker ratings

10/10/2016 – Hydrogenics Corporation had its “buy” rating reiterated by analysts at Roth Capital. They now have a USD 13 price target on the stock.

12/02/2015 – Cowen began new coverage on Hydrogenics Corporation giving the company a “market perform” rating. They now have a USD 13 price target on the stock.

08/31/2015 – Rodman & Renshaw began new coverage on Hydrogenics Corporation giving the company a “buy” rating. They now have a USD 13 price target on the stock.

07/14/2015 – H.C. Wainwright began new coverage on Hydrogenics Corporation giving the company a “buy” rating. They now have a USD 13 price target on the stock.

05/27/2015 – Hydrogenics Corporation had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 19 price target on the stock.

05/01/2015 – Hydrogenics Corporation had its “sell” rating reiterated by analysts at Zacks.

01/21/2015 – Hydrogenics Corporation had its “buy” rating reiterated by analysts at MLV & Co. They now have a USD 19 price target on the stock.

07/31/2014 – Hydrogenics Corporation had its “buy” rating reiterated by analysts at Jennings Capital. They now have a USD 26 price target on the stock.

12/11/2013 – Craig-Hallum began new coverage on Hydrogenics Corporation giving the company a “buy” rating.

11/19/2013 – Hydrogenics Corporation was upgraded to “strong-buy” by analysts at Ascendiant Capital Markets. They now have a USD 18 price target on the stock.

The share price of Hydrogenics Corporation (HYGS) was up +3.05% during the last day of trading, with a day high of 6.20. 34949 shares were traded during the last session.

The stock’s 50 day moving average is 5.86 and its 200 day moving average is 7.07. The stock’s market capitalization is 76.27M. Hydrogenics Corporation has a 52-week low of 4.65 and a 52-week high of 12.08.

Hydrogenics Corp is a Canada-based firm, which designs and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company’s segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets. The Power business segment is based in Mississauga, Canada, with a satellite facility in Gladbeck, Germany. The Company’s products include HySTAT hydrogen generation equipment and HyPM fuel cell products. It has facilities in Mississauga, Ontario, Canada; Oevel-Westerlo, Belgium, and Gladbeck, Germany. It also has sales and service offices in Eastern Europe and North America. The Company has operations in Belgium, Canada and Germany with satellite offices in the United States and branch offices in Russia and Indonesia. Its products are sold around the world.