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R.F. Lafferty Stick to Their Buy Rating for Canoo

Published 07/26/2021, 10:55 AM


R.F. Lafferty analyst Jaime Perez maintained a Buy rating on Canoo on Monday, setting a price target of $19, which is approximately 131.71% above the present share price of $8.2.

Perez expects Canoo to post earnings per share (EPS) of -$0.07 for the third quarter of 2021.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Canoo, with an average price target of $14.5.
The analysts price targets range from a high of $19 to a low of $10.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $0 and a net profit of -$97.07 million. The company's market cap is $1.95 billion.

According to TipRanks.com, R.F. Lafferty analyst Jaime Perez is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 38.10% success rate.

Hennessy Capital Acquisition Corp. IV operates as a blank check company. It has no operations nor does it currently engage in any business activities generating revenues. The company was founded in August 2018 and is headquartered in Wilson, WY.

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