Tidewater Renewables (TSE:LCFS – Free Report) had its price target upped by ATB Cormark Capital Markets from C$16.00 to C$19.00 in a research note published on Friday,BayStreet.CA reports. They currently have a speculative buy rating on the stock.
A number of other analysts have also issued reports on the company. National Bank Financial boosted their target price on Tidewater Renewables from C$13.25 to C$22.75 and gave the company an “outperform” rating in a research report on Friday. Royal Bank Of Canada upgraded shares of Tidewater Renewables from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$12.50 to C$25.00 in a report on Friday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Tidewater Renewables currently has an average rating of “Buy” and an average target price of C$22.25.
Read Our Latest Report on Tidewater Renewables
Tidewater Renewables Stock Up 6.7%
Tidewater Renewables (TSE:LCFS – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported C$0.13 EPS for the quarter. Tidewater Renewables had a return on equity of 5.00% and a net margin of 2.91%.The firm had revenue of C$160.60 million for the quarter. As a group, equities analysts anticipate that Tidewater Renewables will post 0.15 earnings per share for the current year.
Key Tidewater Renewables News
Here are the key news stories impacting Tidewater Renewables this week:
- Positive Sentiment: Royal Bank of Canada upgraded LCFS to “outperform” from “sector perform” and more than doubled its price target to C$25.00 from C$12.50. The new target implies approximately 20.8% upside from the referenced share price. BayStreet.CA analyst ratings
- Positive Sentiment: National Bank Financial raised its price target to C$22.75 from C$13.25 and assigned an “outperform” rating, indicating approximately 11.8% potential upside. BayStreet.CA analyst ratings
- Positive Sentiment: Management increased its 2026 financial guidance while reporting second-quarter results and providing an operational update. Higher guidance generally signals improved expectations for the company’s near-term earnings and cash flow. Tidewater Renewables Q2 2026 results
- Neutral Sentiment: Second-quarter results included C$160.60 million of revenue and C$0.13 in EPS. The company reported a 2.91% net margin and 5.00% return on equity, providing evidence of profitability but also highlighting relatively modest margins. Tidewater Renewables earnings report
- Negative Sentiment: ATB Cormark raised its target to C$19.00 from C$16.00 but maintained only a “speculative buy” rating. Its target is below the referenced share price, suggesting limited near-term upside and reflecting higher execution or valuation risk. BayStreet.CA analyst ratings
About Tidewater Renewables
Tidewater Renewables is a multi-faceted, energy transition company. The Corporation is focused on the production of low carbon fuels, including renewable diesel and sustainable aviation fuel. The Corporation was created in response to the growing demand for renewable fuels in North America and to capitalize on its potential to efficiently turn a wide variety of renewable feedstocks (such as canola oil, soybean oil, used cooking oil, distillers corn oil, tallow, and other biomasses) into low carbon fuels.
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