Lake Street analyst Mark Smith maintained a Buy rating on AMMO (POWW – Research Report) today and set a price target of $3.00. The company’s shares closed yesterday at $1.52.
According to TipRanks, Smith is a 5-star analyst with an average return of 13.3% and a 46.79% success rate. Smith covers the Consumer Cyclical sector, focusing on stocks such as Vista Outdoor, GrowGeneration, and Kura Sushi USA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AMMO with a $2.30 average price target.
POWW market cap is currently $180.5M and has a P/E ratio of -7.31.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
AMMO (POWW) Company Description:
AMMO, Inc. engages in the design, manufacture and sale of ammunition products. It distributes its products under the following brands: Jesse James, SHIELD, and One Precise Shot. The company was founded in November 1990 and is headquartered in Scottsdale, AZ.
