New York: Maxwell Technologies (NASDAQ:MXWL) Stock Has Just Had Its “Hold” Rating Reiterated by Canaccord Genuity. Shares now Have a $6.0 Target

February 15, 2018 - By Winifred Garcia

 New York: Maxwell Technologies (NASDAQ:MXWL) Stock Has Just Had Its

Investors sentiment increased to 1.92 in Q3 2017. Its up 0.79, from 1.13 in 2017Q2. It improved, as 8 investors sold Maxwell Technologies, Inc. shares while 18 reduced holdings. 22 funds opened positions while 28 raised stakes. 17.18 million shares or 13.84% more from 15.10 million shares in 2017Q2 were reported.

121,100 are owned by California Public Employees Retirement System. Metropolitan Life Insurance New York stated it has 0% of its portfolio in Maxwell Technologies, Inc. (NASDAQ:MXWL). Illinois-based Dsc Advsrs Ltd Partnership has invested 0.2% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Tiaa Cref Invest Management Lc has 95,316 shares. Jacobs Levy Equity Mngmt Inc accumulated 49,514 shares. First Republic Investment has invested 0% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Deutsche Bankshares Ag holds 92,183 shares or 0% of its portfolio. Manufacturers Life Ins The invested 0% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Morgan Stanley holds 0% of its portfolio in Maxwell Technologies, Inc. (NASDAQ:MXWL) for 113,949 shares. Illinois-based Guggenheim Cap Llc has invested 0.01% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Sei Invs Com invested in 9,423 shares or 0% of the stock. Moreover, Goldman Sachs Grp has 0% invested in Maxwell Technologies, Inc. (NASDAQ:MXWL) for 27,942 shares. Invesco Ltd accumulated 225,074 shares or 0% of the stock. Hrt Fin Lc has 0.09% invested in Maxwell Technologies, Inc. (NASDAQ:MXWL). Parallax Volatility Advisers L P holds 0% or 112,617 shares in its portfolio.

Maxwell Technologies (NASDAQ:MXWL) Rating Reaffirmed

In a research note revealed on 8 November, The “Hold” rating of Maxwell Technologies (NASDAQ:MXWL) shares was reconfirmed by Canaccord Genuity, who now has a $6.0 target price per share on the stock. Canaccord Genuity’s target price per share would suggest a possible upside of 6.38 % from the last close price of the company.

Investors sentiment increased to 1.92 in Q3 2017. Its up 0.79, from 1.13 in 2017Q2. It improved, as 8 investors sold Maxwell Technologies, Inc. shares while 18 reduced holdings. 22 funds opened positions while 28 raised stakes. 17.18 million shares or 13.84% more from 15.10 million shares in 2017Q2 were reported.

121,100 are owned by California Public Employees Retirement System. Metropolitan Life Insurance New York stated it has 0% of its portfolio in Maxwell Technologies, Inc. (NASDAQ:MXWL). Illinois-based Dsc Advsrs Ltd Partnership has invested 0.2% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Tiaa Cref Invest Management Lc has 95,316 shares. Jacobs Levy Equity Mngmt Inc accumulated 49,514 shares. First Republic Investment has invested 0% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Deutsche Bankshares Ag holds 92,183 shares or 0% of its portfolio. Manufacturers Life Ins The invested 0% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Morgan Stanley holds 0% of its portfolio in Maxwell Technologies, Inc. (NASDAQ:MXWL) for 113,949 shares. Illinois-based Guggenheim Cap Llc has invested 0.01% in Maxwell Technologies, Inc. (NASDAQ:MXWL). Sei Invs Com invested in 9,423 shares or 0% of the stock. Moreover, Goldman Sachs Grp has 0% invested in Maxwell Technologies, Inc. (NASDAQ:MXWL) for 27,942 shares. Invesco Ltd accumulated 225,074 shares or 0% of the stock. Hrt Fin Lc has 0.09% invested in Maxwell Technologies, Inc. (NASDAQ:MXWL). Parallax Volatility Advisers L P holds 0% or 112,617 shares in its portfolio.

Maxwell Technologies, Inc. (NASDAQ:MXWL) Ratings Coverage

Among 5 analysts covering Maxwell Tech (NASDAQ:MXWL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Maxwell Tech has $8.0 highest and $5.0 lowest target. $6.50’s average target is 15.25% above currents $5.64 stock price. Maxwell Tech had 14 analyst reports since July 31, 2015 according to SRatingsIntel. On Friday, September 11 the stock rating was initiated by Oppenheimer with “Perform”. The firm has “Buy” rating given on Friday, July 14 by Cowen & Co. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, October 10 report. The stock has “Hold” rating by Roth Capital on Thursday, November 9. The stock has “Hold” rating by Canaccord Genuity on Monday, August 7. The stock of Maxwell Technologies, Inc. (NASDAQ:MXWL) has “Buy” rating given on Monday, November 20 by Roth Capital. The stock of Maxwell Technologies, Inc. (NASDAQ:MXWL) has “Hold” rating given on Tuesday, August 8 by Roth Capital. The stock of Maxwell Technologies, Inc. (NASDAQ:MXWL) earned “Hold” rating by Oppenheimer on Tuesday, August 8. The stock has “Hold” rating by Roth Capital on Wednesday, November 1. Roth Capital initiated the stock with “Neutral” rating in Monday, May 23 report.

The stock increased 1.44% or $0.08 during the last trading session, reaching $5.64. About 47,204 shares traded. Maxwell Technologies, Inc. (NASDAQ:MXWL) has risen 2.75% since February 15, 2017 and is uptrending. It has underperformed by 13.95% the S&P500.

Analysts await Maxwell Technologies, Inc. (NASDAQ:MXWL) to report earnings on February, 27. They expect $-0.15 earnings per share, up 46.43 % or $0.13 from last year’s $-0.28 per share. After $-0.20 actual earnings per share reported by Maxwell Technologies, Inc. for the previous quarter, Wall Street now forecasts -25.00 % EPS growth.

Maxwell Technologies, Inc. develops, makes, and markets energy storage and power delivery products worldwide. The company has market cap of $208.78 million. The firm offers ultra-capacitor cells, and multi-cell packs and modules, which provide energy storage and power delivery solutions for applications in various industries, including bus, rail, and truck in transportation; grid energy storage; and renewable wind energy solutions. It currently has negative earnings. It also provides lithium-ion capacitors, which are energy storage devices designed to address various applications in the rail, grid, and industrial markets where energy density and weight are differentiating factors.

More notable recent Maxwell Technologies, Inc. (NASDAQ:MXWL) news were published by: Seekingalpha.com which released: “Maxwell Technologies announces private offering, financing agreement” on September 19, 2017, also Seekingalpha.com with their article: “Maxwell Technologies Gets A Slight Taste Of Debt” published on October 05, 2017, Seekingalpha.com published: “Maxwell Technologies And The Battery Race With Toyota” on August 03, 2017. More interesting news about Maxwell Technologies, Inc. (NASDAQ:MXWL) were released by: Digitaljournal.com and their article: “Maxwell Technologies, Inc. to Host Earnings Call” published on February 15, 2018 as well as Seekingalpha.com‘s news article titled: “Maxwell Technologies’ Opportunities And Moonshots” with publication date: December 06, 2017.

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