Tidewater Renewables Ltd. (TSE:LCFS) Given Consensus Recommendation of “Hold” by Brokerages

Posted by Patrick Bannon on Mar 29th, 2025

Tidewater Renewables Ltd. (TSE:LCFS – Get Free Report) has earned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$4.79.

LCFS has been the subject of a number of recent research reports. Acumen Capital lifted their target price on Tidewater Renewables from C$2.25 to C$3.50 and gave the company a “hold” rating in a report on Friday. ATB Capital lifted their price objective on Tidewater Renewables from C$3.00 to C$4.00 and gave the company a “speculative buy” rating in a research note on Friday. Royal Bank of Canada upped their target price on shares of Tidewater Renewables from C$5.00 to C$5.50 and gave the stock a “sector perform” rating in a research note on Monday, January 13th. Finally, CIBC lifted their price target on shares of Tidewater Renewables from C$3.00 to C$3.25 and gave the stock a “neutral” rating in a research note on Friday.

Check Out Our Latest Stock Analysis on Tidewater Renewables

Tidewater Renewables Stock Performance

TSE:LCFS opened at C$3.34 on Friday. Tidewater Renewables has a 52 week low of C$0.58 and a 52 week high of C$9.00. The company has a fifty day simple moving average of C$1.43 and a two-hundred day simple moving average of C$1.44. The company has a quick ratio of 0.10, a current ratio of 1.15 and a debt-to-equity ratio of 114.04. The company has a market cap of C$116.29 million, a price-to-earnings ratio of -0.31 and a beta of 1.36.

Tidewater Renewables Company Profile

(Get Free Report

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low carbon fuels, including renewable diesel, renewable hydrogen and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products.