Electrameccanica Vehicles Corp. – Consensus Indicates Potential 11.9% Upside

Broker Ratings

Electrameccanica Vehicles Corp. with ticker code (SOLO) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 12.14 and 3.97 with the average target price sitting at 8.28. Now with the previous closing price of 7.4 this would indicate that there is a potential upside of 11.9%. There is a 50 day moving average of 6.57 and the 200 day MA is 3.74. The market cap for the company is $579m. Visit the company website at: http://www.electrameccanica.com

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports car model; and Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through corporate owned stores. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.

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