H.C. Wainwright Thinks AgroFresh Solutions’ Stock is Going to Recover

By Ryan Adsit

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on AgroFresh Solutions (AGFSResearch Report) today and set a price target of $5.00. The company’s shares closed last Thursday at $2.11, close to its 52-week low of $1.80.

According to TipRanks.com, Dayal is a top 100 analyst with an average return of 52.6% and a 51.2% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Westport Fuel Systems, and Ceco Environmental.

AgroFresh Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

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The company has a one-year high of $4.20 and a one-year low of $1.80. Currently, AgroFresh Solutions has an average volume of 128.2K.

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AgroFresh Solutions, Inc. engages in the provision of food preservation and waste reduction solutions for fresh produce. It offers products through the following brands: Smarter Freshness, Harvista, LandSpring, SmartFresh, AdvanStore, and ActiMist, Textar, and Teycer. The company was founded on October 24, 2013 and is headquartered in Philadelphia, PA.