Roth Capital Starts Montauk Renewables, Inc. (MNTK) at Buy

Roth Capital analyst Craig Irwin initiates coverage on Montauk Renewables, Inc. (NASDAQ: MNTK) with a Buy rating and a price target of $17.50.

The analyst comments "Montauk specializes in the recovery and processing of biogas for conversion into renewable natural gas (RNG) and electricity. The company builds, owns, and operates RNG and gas-to-electricity projects, producing renewable transport fuel and electricity. Montauk is one of the largest green gas producers in the U.S. with a portfolio of 12 RNG and three gas-to-electricity plants. We would be buyers for an impressive growth and profit trajectory."

For an analyst ratings summary and ratings history on Montauk Renewables, Inc. click here. For more ratings news on Montauk Renewables, Inc. click here.

Shares of Montauk Renewables, Inc. closed at $13.78 yesterday.

You May Also Be Interested In

• BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform
• McGraw Hill (MH) PT Raised to $15 at UBS
• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery