Analyst Price Target is $10.60
▼ -11.59% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for PureCycle Technologies in the last 3 months. The average price target is $10.60, with a high forecast of $15.00 and a low forecast of $3.00. The average price target represents a -11.59% upside from the last price of $11.99.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in PureCycle Technologies. This rating changed within the last month from a Hold consensus rating.
PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.
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