Plug Power Inc. ( NASDAQ:PLUG – Get Free Report ) has earned an average recommendation of 'Moderate Buy' from the nineteen analysts that are currently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $19.67. A number of brokerages have recently commented on PLUG. Royal Bank of Canada cut their price objective on Plug Power from $17.

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