Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on Electrameccanica Vehicles (SOLO – Research Report) on April 28 and set a price target of $7.50. The company's shares closed last Monday at $1.81, close to its 52-week low of $1.64. According to TipRanks.com, Chan is a 2-star analyst with an average return of -0.5% and a 47.4% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Yellow Corporation, and Landstar System. Currently, the analyst consensus on Electrameccanica Vehicles is a Moderate Buy with an average price target of $7.50.
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