Shares of Argan, Inc. (NYSE:AGX) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus target price of $56.00 for the company, according to Zacks. Zacks has also assigned Argan an industry rank of 195 out of 255 based on the ratings given to its competitors.
Shares of NYSE:AGX traded down $0.92 during mid-day trading on Tuesday, reaching $48.11. 91,382 shares of the company’s stock were exchanged, compared to its average volume of 141,567. The firm has a market cap of $749.12 million, a PE ratio of 12.18 and a beta of 0.95. Argan has a twelve month low of $34.90 and a twelve month high of $50.00.
Argan Company Profile
Argan, Inc, through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, development, technical, and consulting services to the power generation and renewable energy markets. The company's Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for 44 projects with approximately 15,000 megawatts of power-generating capacity.
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