Analyst Price Target is GBX 1,236.67
▲ +192.49% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Ceres Power in the last 3 months. The average price target is GBX 1,236.67, with a high forecast of GBX 1,560 and a low forecast of GBX 650. The average price target represents a 192.49% upside from the last price of GBX 422.80.
Current Consensus is
The current consensus among 3 contributing investment analysts is to buy stock in Ceres Power. This Buy consensus rating has held steady for over two years.
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen. Its products are applied in commercial, data center, transport, and residential markets. Ceres Power Holdings plc has a collaboration and license agreement with Doosan Fuel Cell Co. Ltd to build a 50MW facility for the mass manufacture under license of Ceres' fuel cell stacks in South Korea. The company was incorporated in 2004 and is headquartered in Horsham, the United Kingdom.