BTIG Maintains FREYR Battery Buy Rating: Here's What You Need To Know

BTIG has decided to maintain its FREYR Battery FREY Buy rating and raise its price target from $20.00 to $25.00.

FREYR Battery shares are trading down 13.69% in the past 24 hours, at $12.29 per share.

A move to $25 would represent a 103.42% increase over the current share price.

About FREYR battery

FREYR Battery is an emerging producer of clean battery solutions for a better planet. It designs and manufactures high-density, competitively priced lithium-ion batteries with a reduced carbon footprint for the global markets of electric mobility, stationary energy storage, marine and aeronautical applications.

About analyst ratings

Analysts work in banking and financial systems and typically specialize in reporting on stocks or defined industries. Analysts can attend company conference calls and meetings, research company financials, and communicate with insiders to issue "analyst notes" for stocks. Analysts typically rate each stock once a quarter.

Some analysts will also offer forecasts for metrics such as growth estimates, earnings and revenue to provide additional insights into stocks. Investors using analyst ratings should note that such expert advice is human-sourced and may be subject to error.

If you want to track which analysts are outperforming others, you can view updated analyst ratings as well as analyst pass scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

BTIG Maintains FREYR Battery Buy Rating: Here's What You Need To Know

BTIG has decided to maintain its FREYR Battery FREY Buy rating and raise its price target from $20.00 to $25.00.

FREYR Battery shares are trading down 13.69% in the past 24 hours, at $12.29 per share.

A move to $25 would represent a 103.42% increase over the current share price.

About FREYR battery

FREYR Battery is an emerging producer of clean battery solutions for a better planet. It designs and manufactures high-density, competitively priced lithium-ion batteries with a reduced carbon footprint for the global markets of electric mobility, stationary energy storage, marine and aeronautical applications.

About analyst ratings

Analysts work in banking and financial systems and typically specialize in reporting on stocks or defined industries. Analysts can attend company conference calls and meetings, research company financials, and communicate with insiders to issue "analyst notes" for stocks. Analysts typically rate each stock once a quarter.

Some analysts will also offer forecasts for metrics such as growth estimates, earnings and revenue to provide additional insights into stocks. Investors using analyst ratings should note that such expert advice is human-sourced and may be subject to error.

If you want to track which analysts are outperforming others, you can view updated analyst ratings as well as analyst pass scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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