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Weekly Recap | Clean Energy Fuels -1.21%, most brokers rate it buy

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The Week

Clean Energy Fuels slipped 1.21% this week to close at $1.63, lagging the S&P 500 by roughly 0.41 percentage points. Across four sessions, the stock opened Tuesday at $1.665, spent the next three days swinging between $1.58 and $1.70, and touched a low of $1.56 on Friday before recovering to $1.63. There was no major catalyst during the week, and average daily volume sat about 8% below its median, reflecting a quiet tape.

Analyst Ratings

Six brokers cover the name: four rate it buy and two rate it hold, with no sell or underweight ratings. The consensus rating is buy, and the consensus target price is $4.00833, implying upside of about 145.9% from the latest price of $1.63. Targets range from $1.80 to $7.00, showing wide dispersion. Clean Energy Fuels ranks 9th out of 17 companies in its industry for analyst ratings.

The Week Ahead

On Wednesday 16 September, the US releases retail sales, retail control, import price index and weekly EIA crude inventories. Retail sales are forecast to rebound to 0.9% from -0.6%, so that print will set the macro tone. Clean Energy Fuels itself has no earnings due next week.

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