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Maxim Group disclosed Workhorse Group (NASDAQ:WKHS), boosting its stock price target to $22.00 earlier today

Stating a possible upside of 1.47%, Maxim Group raised the target price of Workhorse Group (NASDAQ:WKHS) to $22.

Previously on 6/07/2016, Maxim Group reported on Workhorse Group(NASDAQ:WKHS) raised the target price from $0.00 to $15.00. At the time, this indicated a possible upside of 0.82%.

Just yesterday Workhorse Group (NASDAQ:WKHS) traded 7.63% higher at $8.91. The company’s 50-day average is $7.36 and its two hundred day moving average is $7.59. The last stock price is up 26.36% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. 42,714 shares of WKHS were exchanged, down from ann avg. volume of 85,688.

Performance Graphic:

Workhorse Group (NASDAQ:WKHS)

With a market cap of $0.0, Workhorse Group has a price-earnings of 0 with a one-year low of $3.05 and a one-year high of $11.70.

A total of 1 firm has reported on Workhorse Group. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with a 12-month target of $4.60

About Workhorse Group (NASDAQ:WKHS)

Workhorse Group, Inc., formerly AMP Holding Inc., is a development-stage company. The Company designs, develops, manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. The Company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. Its chassis products include W88, W22, W42 and W62. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power-train. It focuses on offering W88 chassis with gross vehicle weight (GVW) ratings of 10, 000 to 26, 000 pounds. The W22 chassis is designed to meet the needs of the recreational vehicle market for weight ratings till over 26, 000 GVW. The W42 chassis is designed for the 12, 000 to 14, 500 GVW vehicle market. The W62 chassis is designed for the 19, 500 to 23, and 500 GVW vehicle market.

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