13 Best Hydrogen and Fuel Cell Stocks to Buy According to Analysts

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4. Chart Industries, Inc. (NYSE:GTLS)

Analysts’ Upside Potential as of June 13: 37.85%

Craig-Hallum analyst Eric Stine kept a Buy rating on Chart Industries, Inc. (NYSE:GTLS) on June 9.

The 12-month price target for Chart Industries, Inc. (NYSE:GTLS) shares, as determined by ten expert analysts, is between $165 and $225, with a strong buy recommendation. The stock price is expected to rise 37.85% over the next year, according to the average analyst price objective of $198.8.

Since 2020, Chart Industries, Inc. (NYSE:GTLS) has shifted its focus to diversifying its specialty product line into rapidly growing markets, including liquefied natural gas and hydrogen. The company increased the quantity of in-house content it employs for larger projects by entering into several profitable joint ventures and investments with important partners. This increased control over supply schedules and reduced expenses.

Chart Industries, Inc. (NYSE:GTLS) offers a wide range of cryogenic equipment for storage, distribution, and other processes in the industrial gas and liquefied natural gas industries. Furthermore, the firm offers specialty products that cater to a range of industries, such as water treatment, biofuels, hydrogen, and cannabis, as well as natural gas processing solutions for the natural gas industry. The firm nearly doubled in size in early 2023 when the firm made a big acquisition of Howden. It is one of the best hydrogen stocks.

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