Zacks Research began coverage on shares of General Fusion Group (NASDAQ:GFUZ – Free Report) in a research report released on Wednesday morning,Zacks reports. The firm issued a hold rating on the stock.
Separately, Wedbush initiated coverage on General Fusion Group in a research report on Tuesday. They issued a “neutral” rating and a $7.00 price objective for the company. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, General Fusion Group currently has an average rating of “Hold” and an average target price of $7.00.
Check Out Our Latest Stock Report on General Fusion Group
General Fusion Group Price Performance
NASDAQ:GFUZ opened at $5.30 on Wednesday. General Fusion Group has a 12 month low of $5.00 and a 12 month high of $14.85.
General Fusion Group Company Profile
We are a recently incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, had any substantive discussions, directly or indirectly, with any potential business combination target.
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