Tidewater Renewables (TSE:LCFS – Get Rating) had its target price boosted by stock analysts at CIBC from C$16.00 to C$17.00 in a research note issued on Friday, BayStreet.CA reports.
LCFS has been the topic of a number of other research reports. National Bankshares decreased their target price on Tidewater Renewables from C$19.50 to C$16.50 and set an “outperform” rating on the stock in a research report on Friday, March 10th. Royal Bank of Canada reduced their price target on Tidewater Renewables from C$20.00 to C$18.00 and set an “outperform” rating on the stock in a report on Friday, March 10th. Canaccord Genuity Group cut their price objective on Tidewater Renewables from C$18.00 to C$15.50 in a research report on Monday, March 13th. Acumen Capital cut their price objective on Tidewater Renewables from C$20.00 to C$19.00 in a research report on Tuesday, February 28th. Finally, Stifel Nicolaus raised their price objective on Tidewater Renewables from C$17.50 to C$18.00 in a research report on Wednesday, February 8th.
Tidewater Renewables Price Performance
Tidewater Renewables has a one year low of C$7.68 and a one year high of C$14.27. The firm has a market cap of C$312.13 million and a PE ratio of 11.99. The company has a quick ratio of 0.10, a current ratio of 0.67 and a debt-to-equity ratio of 39.88. The stock’s 50 day moving average price is C$9.55 and its 200 day moving average price is C$10.61.
About Tidewater Renewables
Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade offtakers, existing customers, government entities, first nations groups, and others in the transportation, utilities, refining, marketing, power, and other industries.
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