Analyst Price Target is GBX 577.50
▲ +56.84% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for ITM Power in the last 3 months. The average price target is GBX 577.50, with a high forecast of GBX 800 and a low forecast of GBX 310. The average price target represents a 56.84% upside from the last price of GBX 368.20.
Current Consensus is
The current consensus among 5 investment analysts is to buy stock in ITM Power. This rating has held steady since January 2021, when it changed from a Sell consensus rating.
ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, France, Italy, the Netherlands, and the United States. It offers HGas for power-to-gas, clean fuel, and industrial hydrogen applications. The company is also involved in the research and development of scientific and engineering projects; development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions. In addition, it operates 15 hydrogen refueling stations. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.