In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Northern Technologies International (NTIC – Research Report), with a price target of $24.00. The company’s shares closed last Thursday at $17.92, close to its 52-week high of $18.00.
According to TipRanks.com, Richard is a top 100 analyst with an average return of 34.1% and a 72.2% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Power Integrations, and Enphase Energy.
Northern Technologies International has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.
The company has a one-year high of $18.00 and a one-year low of $6.50. Currently, Northern Technologies International has an average volume of 11.42K.
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Northern Technologies International Corp. engages in the development and market of proprietary environmentally beneficial products and technical services. It operates through the Natur-Tec and Zerust segments. The Natur-Tec segment manufactures bio-degradable and bio-based plastics for industrial and consumer applications. The Zerust segment provides corrosion mitigation solutions and services to oil, gas and chemical processing applications. The company was founded in 1970 and is headquartered in Circle Pines, MN.