ITM Power (LON:ITM) Stock Price Up 8.7% - Should You Buy?
ITM Power's stock price increased by 8.7% during mid-day trading, reaching GBX 68.20 before closing at GBX 65.04. The trading volume surged by 46% compared to the average. Analysts have mixed views, with JPMorgan maintaining a "neutral" rating, while Berenberg upgraded the stock to "buy" with a new price target of GBX 100. The company has a market cap of £405.33 million and a PE ratio of -14.88. Despite the positive movement, ITM Power is not among the top recommended stocks by leading analysts.
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