Factorial Energy (NASDAQ:FAC) Earns Overweight Rating from Analysts at Cantor Fitzgerald

Analysts at Cantor Fitzgerald started coverage on shares of Factorial Energy (NASDAQ:FAC) in a note issued to investors on Tuesday. The firm set an “overweight” rating and a $18.00 price target on the stock. Cantor Fitzgerald’s price target points to a potential upside of 30.43% from the stock’s current price.

Factorial Energy Trading Down 1.4%

Shares of FAC opened at $13.80 on Tuesday. The firm has a market cap of $476.10 million and a price-to-earnings ratio of 57.50. Factorial Energy has a 12 month low of $9.26 and a 12 month high of $25.33.

Factorial Energy Company Profile

We are a blank check company incorporated on October 29, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.