Draganfly (NASDAQ:DPRO) Price Target Increased to $2.00 by Analysts at HC Wainwright
Draganfly (NASDAQ:DPRO – Get Rating) had its target price lifted by equities researchers at HC Wainwright from $1.50 to $2.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price objective would indicate a potential upside of 80.18% from the company’s current price.
Draganfly Price Performance
Shares of DPRO opened at $1.11 on Friday. The firm has a market cap of $150.04 million, a price-to-earnings ratio of 5.29 and a beta of 1.99. The stock has a 50 day moving average of $0.89 and a 200-day moving average of $0.85. The company has a current ratio of 9.59, a quick ratio of 7.96 and a debt-to-equity ratio of 0.01. Draganfly has a 52 week low of $0.50 and a 52 week high of $3.84.
Draganfly (NASDAQ:DPRO – Get Rating) last released its quarterly earnings data on Wednesday, November 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’…