Keel Infrastructure (NASDAQ:KEEL) Price Target Raised to $5.50 at HC Wainwright

Keel Infrastructure (NASDAQ:KEEL) had its target price hoisted by investment analysts at HC Wainwright from $3.70 to $5.50 in a research note issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price target indicates a potential upside of 26.12% from the stock’s current price.

A number of other analysts have also issued reports on KEEL. Chardan Capital reiterated a “buy” rating and set a $4.50 price objective on shares of Keel Infrastructure in a research note on Monday. Weiss Ratings initiated coverage on Keel Infrastructure in a research note on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Finally, Cantor Fitzgerald decreased their price objective on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Keel Infrastructure currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.33.

Keel Infrastructure Stock Performance

Shares of NASDAQ:KEEL traded up $0.39 during midday trading on Monday, reaching $4.36. 35,553,923 shares of the company traded hands, compared to its average volume of 35,067,539. The company has a debt-to-equity ratio of 1.03, a quick ratio of 5.52 and a current ratio of 5.58. Keel Infrastructure has a 12 month low of $0.70 and a 12 month high of $6.60. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of -18.85 and a beta of 3.89.

Keel Infrastructure Company Profile

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.