▼ -100.00% Downside 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 $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $17.53.
The current consensus among 3 polled investment analysts is to buy stock in Ceres Power.
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 perforated sheet of steel with special screen-printed ceramic layers that converts fuel directly into electrical power. Its products are applied in commercial, data center, automotive, and residential markets. Ceres Power Holdings plc has a strategic collaboration with AVL List GmbH to accelerate customer adoption and product development of solid oxide fuel cell (SOFC) technology for transportations, stationary, or other applications; and 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 founded in 2001 and is headquartered in Horsham, the United Kingdom.