Terra Innovatum Global S.R.L.’s (NKLR) Buy Rating Reiterated at HC Wainwright

Terra Innovatum Global S.R.L. (NASDAQ:NKLR)‘s stock had its “buy” rating reissued by analysts at HC Wainwright in a research report issued on Thursday,Benzinga reports. They presently have a $25.00 price objective on the stock. HC Wainwright’s price objective would indicate a potential upside of 429.66% from the company’s current price.

Several other analysts also recently commented on the company. Weiss Ratings raised Terra Innovatum Global S.R.L. from a “sell (e+)” rating to a “sell (d+)” rating in a research note on Thursday, July 2nd. Wall Street Zen raised shares of Terra Innovatum Global S.R.L. from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Terra Innovatum Global S.R.L. currently has an average rating of “Hold” and a consensus price target of $17.50.

Terra Innovatum Global S.R.L. Stock Performance

Shares of NKLR stock opened at $4.72 on Thursday. The business’s 50-day moving average price is $5.53. Terra Innovatum Global S.R.L. has a 1 year low of $3.73 and a 1 year high of $21.91.

Terra Innovatum Global S.R.L. (NASDAQ:NKLR) last posted its earnings results on Monday, June 15th. The company reported $9.99 earnings per share for the quarter. Analysts predict that Terra Innovatum Global S.R.L. will post -0.23 earnings per share for the current year.

Hedge Funds Weigh In On Terra Innovatum Global S.R.L.

Large investors have recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Terra Innovatum Global S.R.L. by 112,716.7% in the first quarter. Bank of America Corp DE now owns 13,538 shares of the company’s stock valued at $63,000 after buying an additional 13,526 shares in the last quarter. High Net Worth Advisory Group LLC purchased a new position in Terra Innovatum Global S.R.L. in the first quarter worth $46,000. Vennlight Capital Management LP acquired a new stake in Terra Innovatum Global S.R.L. in the fourth quarter valued at $2,872,000. Polymer Capital Management US LLC acquired a new stake in Terra Innovatum Global S.R.L. in the fourth quarter valued at $338,000. Finally, Millennium Management LLC acquired a new stake in Terra Innovatum Global S.R.L. in the fourth quarter valued at $51,000.

About Terra Innovatum Global S.R.L.

Terra Innovatum Global N.V. is a developer of micro-modular nuclear reactors. Terra Innovatum Global N.V., formerly known as GSR III Acquisition Corp., is based in NEW YORK.