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Piper Sandler Sticks to Their Buy Rating for OPAL Fuels (OPAL)
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Piper Sandler Sticks to Their Buy Rating for OPAL Fuels (OPAL)

In a report released today, Ryan Todd from Piper Sandler maintained a Buy rating on OPAL Fuels (OPALResearch Report), with a price target of $8.00. The company’s shares closed yesterday at $4.73.

Todd covers the Energy sector, focusing on stocks such as PBF Energy, Par Pacific Holdings, and HF Sinclair Corporation. According to TipRanks, Todd has an average return of 8.3% and a 58.85% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OPAL Fuels with a $8.33 average price target, a 76.11% upside from current levels. In a report released on April 11, Scotiabank also maintained a Buy rating on the stock with a $8.00 price target.

The company has a one-year high of $8.46 and a one-year low of $4.43. Currently, OPAL Fuels has an average volume of 65.64K.

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OPAL Fuels (OPAL) Company Description:

ArcLight Clean Transition Corp II is a blank check company.

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