Ecosynthetix Inc (TSE:ECO) had its target price hoisted by research analysts at Royal Bank Of Canada from C$2.25 to C$2.75 in a research report issued on Thursday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 20.61% from the company’s current price.

Shares of Ecosynthetix (TSE:ECO) opened at 2.28 on Thursday. The stock’s market cap is $135.20 million. The stock’s 50 day moving average is $2.27 and its 200-day moving average is $1.74. Ecosynthetix has a 12-month low of $1.00 and a 12-month high of $2.72.

Ecosynthetix Company Profile

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.

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