Canaccord Genuity Group Trims Green Impact Partners (CVE:GIP) Target Price to C$9.50

Green Impact Partners (CVE:GIP) had its target price decreased by equities research analysts at Canaccord Genuity Group from C$12.00 to C$9.50 in a research note issued on Tuesday, BayStreet.CA reports. The firm currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 265.38% from the stock’s previous close.

Separately, Royal Bank of Canada cut their price objective on shares of Green Impact Partners from C$14.00 to C$9.00 and set an “outperform” rating for the company in a report on Tuesday.

Green Impact Partners Price Performance

Shares of GIP opened at C$2.60 on Tuesday. Green Impact Partners has a 52 week low of C$2.45 and a 52 week high of C$8.82. The firm has a market cap of C$53.30 million, a P/E ratio of 52.00 and a beta of 0.35. The firm’s 50-day simple moving average is C$2.88 and its 200 day simple moving average is C$3.75. The company has a debt-to-equity ratio of 22.42, a quick ratio of 0.68 and a current ratio of 0.80.

Green Impact Partners Company Profile

Green Impact Partners Inc, a clean energy company, provides water, waste, and solids treatment and recycling services in North America. It operates through two segments: Water and Industrial, and Energy Production. The company operates a portfolio of water and solids treatment and recycling facilities.