U.S. Geothermal (NYSEAMERICAN:HTM) has earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $6.00.
Separately, Roth Capital reiterated a “buy” rating on shares of U.S. Geothermal in a research note on Friday, April 6th.
U.S. Geothermal remained flat at $$5.45 during trading hours on Tuesday, Marketbeat Ratings reports. U.S. Geothermal has a fifty-two week low of $3.11 and a fifty-two week high of $5.50.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Kennedy Capital Management Inc. increased its holdings in U.S. Geothermal by 53.9% in the fourth quarter. Kennedy Capital Management Inc. now owns 115,534 shares of the energy company’s stock valued at $399,000 after buying an additional 40,475 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in U.S. Geothermal in the fourth quarter valued at $309,000. Fondren Management LP increased its holdings in U.S. Geothermal by 7.6% in the fourth quarter. Fondren Management LP now owns 1,831,875 shares of the energy company’s stock valued at $6,320,000 after buying an additional 128,798 shares during the last quarter. Gabelli Funds LLC purchased a new position in U.S. Geothermal in the first quarter valued at $1,103,000. Finally, SG Americas Securities LLC purchased a new position in U.S. Geothermal in the first quarter valued at $303,000.
About U.S. Geothermal
U.S. Geothermal Inc, a renewable energy company, focuses on the development, production, and sale of electricity from geothermal energy resources in the Western United States and the Republic of Guatemala. The company owns and operates geothermal power projects with a total power generation capacity of approximately 39 megawatts located at Neal Hot Springs, Oregon; San Emidio, Nevada; and Raft River, Idaho.
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