Analyst Ratings For Ecosynthetix (TSE:ECO)
Today, RBC Capital Markets lowered its price target on Ecosynthetix (TSE:ECO) to C$2.50 per share.
There are 2 hold ratings on the stock.
The current consensus rating on Ecosynthetix (TSE:ECO) is Hold (Score: 2.00) with a consensus target price of C$2.50 per share, a potential .
Some recent analyst ratings include
About Ecosynthetix (TSE:ECO)
EcoSynthetix Inc. (EcoSynthetix) is a renewable chemicals company. The Company is engaged in the development of bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products in the United States, Europe, Middle East and Africa (EMEA), and Asia Pacific. Bio-based materials are used as inputs in industrial manufacturing for a range of end products. The Company operates through EcoSphere biolatex binders segment. EcoSphere biolatex binders is used by manufacturers within the coated paper and paperboard industry. It offers over two bio- based technology platforms that support application across industries, a biopolymer nanosphere technology that has scaled and validated, and a bio-based sugar macromer technology. The Company’s two bio-based technology platforms has generated approximately four product families, namely EcoSphere biopolymers, EcoMer biomonomers, EcoStix bio-based pressure sensitive adhesives and DuraBind bioresins.
Recent Trading Activity for Ecosynthetix (TSE:ECO)
Shares of Ecosynthetix closed the previous trading session at 2.42 up +0.05 2.11% with 52,583 shares trading hands.