Raymond James Thinks Spark Power Group Inc Class A’s Stock is Going to Recover

By Ryan Adsit

In a latest note to investors, a research analyst has provided a rating update for the Spark Power Group Inc Class A (SPGResearch Report). The Utilities company, Spark Power Group Inc Class A (TSX: SPG) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Quezada is a 4-star analyst with an average return of 9.5% and a 73.4% success rate. Quezada covers the Utilities sector, focusing on stocks such as Northland Power, Pattern Energy, and Fortis.

Spark Power Group Inc Class A has an analyst consensus of Moderate Buy, with a price target consensus of C$2.15.

The company has a one-year high of C$2.79 and a one-year low of C$0.90. Currently, Spark Power Group Inc Class A has an average volume of 10.1K.

Spark Power Group, Inc. engages in the provision of electrical power services and solutions. It offers green energy solutions, energy storage solutions, energy efficiency solutions, energy aware, on-site power solutions, and electrical vehicle charging. The company was founded on June 28, 2017 and is headquartered in Oakville, Canada.

The company’s shares closed last Tuesday at C$1.16, close to its 52-week low of C$0.90.