Powerbridge Technologies Co Ltd (PBTS) Given Consensus Recommendation of “Strong Buy” by Brokerages

Shares of Powerbridge Technologies Co Ltd (NASDAQ:PBTS) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a one year consensus price objective of $11.00 for the company, according to Zacks. Zacks has also assigned Powerbridge Technologies an industry rank of 54 out of 255 based on the ratings given to related companies.

Separately, Maxim Group started coverage on shares of Powerbridge Technologies in a research report on Friday, April 12th. They set a “buy” rating and a $11.00 price objective for the company.

Powerbridge Technologies stock traded down $0.09 during trading hours on Wednesday, reaching $4.85. 211,900 shares of the stock were exchanged, compared to its average volume of 423,691. Powerbridge Technologies has a 52-week low of $4.28 and a 52-week high of $7.85.

About Powerbridge Technologies

Powerbridge Technologies Co, Ltd. provides software application and technology solutions and services primarily in China. The company offers Powerbridge System Solutions, which include Trade Enterprise and Trade Compliance, as well as Import & Export Loan and Insurance Processing for customers to streamline their trade operations, trade logistics, and regulatory compliance.

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