Analysts Set $12.00 Target Price for LiqTech International, Inc. (LIQT)

LiqTech International, Inc. (NASDAQ:LIQT) has been given a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokers have set a 12-month consensus price target of $12.00 for the company and are forecasting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given LiqTech International an industry rank of 11 out of 255 based on the ratings given to its competitors.

Separately, B. Riley reaffirmed a “buy” rating on shares of LiqTech International in a research report on Friday, March 1st.

Shares of NASDAQ:LIQT traded up $0.04 during midday trading on Friday, reaching $7.80. The company had a trading volume of 845 shares, compared to its average volume of 667,637. LiqTech International has a 1-year low of $0.37 and a 1-year high of $2.38.

LiqTech International Company Profile

LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.

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