Suncast Solar Energy (OTCMKTS:SUNC) Coverage Initiated by Analysts at Citigroup

Research analysts at Citigroup initiated coverage on shares of Suncast Solar Energy (OTCMKTS:SUNC) in a report released on Tuesday. The brokerage set a “buy” rating and a $65.00 price target on the stock. Citigroup’s price target points to a potential upside of 31.45% from the company’s previous close.

Suncast Solar Energy Stock Up 0.4%

Shares of OTCMKTS SUNC opened at $49.45 on Tuesday. The company’s 50 day moving average is $2.97. Suncast Solar Energy has a 52 week low of $47.56 and a 52 week high of $51.95.

About Suncast Solar Energy

Suncast Solar Energy, Inc, through its subsidiary, Environmental Testing Laboratories, Inc, provides environmental testing services in the northeast United States. The company’s services include resource conservation recovery act and hazardous waste characterization, toxic characteristic leaching procedure analyses, underground storage tank analytical assessment, landfill/ground water monitoring, and pesticide and herbicide testing in soil and groundwater services.