Barclays Stick to Their Hold Rating for Fisker By Investing.com

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Barclays Stick to Their Hold Rating for Fisker

Published Aug 08, 2021 09:17PM ET

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Barclays (LON:BARC) analyst Brian Johnson maintained a Hold rating on Fisker on Friday, setting a price target of $16, which is approximately 10.65% above the present share price of $14.46.

Johnson expects Fisker to post earnings per share (EPS) of -$0.63 for the third quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Fisker, with an average price target of $26.33.
The analysts price targets range from a high of $40 to a low of $16.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $22 thousand and a net profit of -$33.1 million. The company's market cap is $4.27 billion.

According to TipRanks.com, Barclays analyst Brian Johnson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.7% and a 49.38% success rate.

Spartan Energy Acquisition Corp. operates as a blank check company. It seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on October 13, 2017 and is headquartered in New York, NY.

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