Keel Infrastructure (NASDAQ:KEEL) Earns Outperform Rating from Analysts at Citizens Jmp

Analysts at Citizens Jmp initiated coverage on shares of Keel Infrastructure (NASDAQ:KEELGet Free Report) in a report issued on Wednesday. The brokerage set an “outperform” rating and a $10.00 price target on the stock. Citizens Jmp’s price objective would indicate a potential upside of 51.52% from the company’s previous close.

A number of other equities analysts have also commented on KEEL. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a research note on Monday, May 11th. Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a research report on Monday, May 11th. Cantor Fitzgerald cut their price objective on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Chardan Capital restated a “buy” rating and issued a $5.50 price objective on shares of Keel Infrastructure in a research note on Monday, June 8th. Finally, HC Wainwright upped their target price on Keel Infrastructure from $3.70 to $5.50 and gave the company a “buy” rating in a research note on Monday, May 11th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5.90.

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Keel Infrastructure Stock Down 0.9%

Shares of NASDAQ KEEL opened at $6.60 on Wednesday. Keel Infrastructure has a 12 month low of $0.74 and a 12 month high of $7.37. The stock has a market capitalization of $3.98 billion, a P/E ratio of -47.14 and a beta of 4.11. The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.43 and a current ratio of 9.60. The company’s fifty day moving average is $4.54.

Keel Infrastructure Company Profile

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Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.

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