Factorial Energy (NASDAQ:FAC) Upgraded to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Factorial Energy (NASDAQ:FACFree Report) to a sell rating in a research report report published on Saturday morning.

FAC has been the topic of several other reports. Zacks Research raised shares of Factorial Energy to a “hold” rating in a research report on Wednesday, June 24th. Cantor Fitzgerald started coverage on shares of Factorial Energy in a report on Tuesday, June 23rd. They issued an “overweight” rating and a $18.00 target price for the company. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Read Our Latest Stock Analysis on Factorial Energy

Factorial Energy Stock Performance

Shares of Factorial Energy stock opened at $5.93 on Friday. Factorial Energy has a 12 month low of $4.24 and a 12 month high of $25.33. The firm has a market capitalization of $634.65 million, a PE ratio of 24.71 and a beta of 1.25.

About Factorial Energy

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We are a blank check company incorporated on October 29, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

Further Reading

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