Haywood Securities Cuts Green Impact Partners (CVE:GIP) Price Target to C$13.25

Green Impact Partners (CVE:GIP) had its price objective lowered by Haywood Securities from C$17.00 to C$13.25 in a research note published on Wednesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

GIP has been the topic of several other research reports. Royal Bank of Canada cut their price target on shares of Green Impact Partners from C$14.00 to C$9.00 and set an outperform rating on the stock in a report on Tuesday. Canaccord Genuity Group cut their price target on shares of Green Impact Partners from C$12.00 to C$9.50 and set a speculative buy rating on the stock in a report on Tuesday.

Green Impact Partners Stock Performance

Shares of GIP stock opened at C$2.60 on Wednesday. The firm has a market cap of C$53.30 million, a P/E ratio of 52.00 and a beta of 0.35. Green Impact Partners has a 1-year low of C$2.45 and a 1-year high of C$8.82. The company has a debt-to-equity ratio of 22.42, a current ratio of 0.80 and a quick ratio of 0.68. The firm’s 50-day simple moving average is C$2.88 and its 200-day simple moving average is C$3.75.

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.