Piper Sandler analyst Ryan Todd maintained a Buy rating on OPAL Fuels (OPAL – Research Report) today and set a price target of $10.00. The company’s shares closed yesterday at $5.80.
According to TipRanks, Todd is a 5-star analyst with an average return of 6.9% and a 54.15% success rate. Todd covers the Energy sector, focusing on stocks such as Phillips 66, Exxon Mobil, and HF Sinclair Corporation.
Currently, the analyst consensus on OPAL Fuels is a Moderate Buy with an average price target of $10.59, implying an 82.59% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $10.55 price target.
See the top stocks recommended by analysts >>
Based on OPAL Fuels’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $55.04 million and a net profit of $17.92 million. In comparison, last year the company earned a revenue of $53.22 million and had a net profit of $3.29 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
OPAL Fuels (OPAL) Company Description:
ArcLight Clean Transition Corp II is a blank check company.
Read More on OPAL:
