Shares of Kraken Robotics Inc. (CVE:PNG – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$8.01 and last traded at C$8.17, with a volume of 923649 shares. The stock had previously closed at C$7.90.
Analyst Upgrades and Downgrades
PNG has been the topic of a number of recent research reports. Desjardins upped their target price on Kraken Robotics from C$9.50 to C$14.00 and gave the company a “buy” rating in a research report on Friday, March 13th. ATB Cormark Capital Markets lowered Kraken Robotics from a “hold” rating to a “strong sell” rating and upped their target price for the company from C$5.50 to C$6.50 in a research report on Friday, March 13th. Finally, National Bank Financial upgraded Kraken Robotics from a “hold” rating to an “outperform” rating and upped their target price for the company from C$8.75 to C$13.00 in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$8.75.
Get Our Latest Analysis on Kraken Robotics
Kraken Robotics Price Performance
About Kraken Robotics
Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally. It operates in two segments, Products, and Services. The company offers AquaPix miniature interferometric synthetic aperture sonar (MINSAS), a configurable MINSAS; and SeaPower, a pressure tolerant deep sea batteries.
Recommended Stories
- Five stocks we like better than Kraken Robotics
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Receive News & Ratings for Kraken Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraken Robotics and related companies with MarketBeat.com's FREE daily email newsletter.
