Tidewater Renewables Ltd. (LCFS – Research Report) has received a rating update from a Wall Street analyst today. The NA company, Tidewater Renewables Ltd. (TSX: LCFS) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Pereira is a 5-star analyst with an average return of 15.7% and a 60.3% success rate. Pereira covers the NA sector, focusing on stocks such as CES Energy Solutions, Trican Well Service, and Precision Drilling.
Currently, the analyst consensus on Tidewater Renewables Ltd. is a Strong Buy with an average price target of C$14.10.
Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. The company intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen and renewable natural gas, as well as carbon capture through future initiatives.
The company’s shares closed last Friday at C$6.93, close to its 52-week low of C$6.52.
