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Dawson James Sticks to Their Buy Rating for Profire Energy (PFIE)

Dawson James analyst James McIlree maintained a Buy rating on Profire Energy (PFIEResearch Report) on August 4 and set a price target of $2.00. The company’s shares closed last Friday at $1.23.

According to TipRanks, McIlree is an analyst with an average return of -12.6% and a 36.48% success rate. McIlree covers the Technology sector, focusing on stocks such as Vuzix, SRAX, and Oblong.

Profire Energy has an analyst consensus of Moderate Buy, with a price target consensus of $2.00.

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The company has a one-year high of $1.59 and a one-year low of $0.88. Currently, Profire Energy has an average volume of 115.1K.

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Profire Energy, Inc. engages in the development of burner-management technologies used on a oilfield natural-draft fire tube vessels in oil and gas industry. It offers line-heaters, dehydrators, separators, treaters, amine reboilers, and free-water knockout systems which facilitate the proper function of the vessel. The company was founded on May 5, 2003 and is headquartered in Lindon, UT.

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