Brokerages Set Keel Infrastructure (NASDAQ:KEEL) Target Price at $4.88

Keel Infrastructure (NASDAQ:KEEL) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $5.90.

KEEL has been the topic of several recent analyst reports. HC Wainwright increased their target price on Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a research report on Monday, May 11th. Citizens Jmp initiated coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They set an “outperform” rating and a $10.00 target price on the stock. Weiss Ratings initiated coverage on Keel Infrastructure in a research report on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Citigroup initiated coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They set an “outperform” rating on the stock. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th.

Keel Infrastructure Stock Down 0.7%

Shares of NASDAQ:KEEL opened at $5.74 on Wednesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.60 and a quick ratio of 9.43. Keel Infrastructure has a 52-week low of $0.80 and a 52-week high of $7.37. The firm has a fifty day moving average of $4.86. The stock has a market capitalization of $3.47 billion, a P/E ratio of -41.00 and a beta of 4.11.

About Keel Infrastructure

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.