Green Impact Partners (CVE:GIP) Price Target Cut to C$13.25

Green Impact Partners (CVE:GIP) had its target price cut by Haywood Securities from C$17.00 to C$13.25 in a research report released on Wednesday, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other brokerages have also recently commented on GIP. Canaccord Genuity Group dropped their target price on shares of Green Impact Partners from C$12.00 to C$9.50 and set a speculative buy rating for the company in a research report on Tuesday, April 30th. Royal Bank of Canada dropped their price objective on Green Impact Partners from C$14.00 to C$9.00 and set an outperform rating for the company in a report on Tuesday, April 30th.

Green Impact Partners Stock Performance

Shares of GIP opened at C$2.65 on Wednesday. The stock’s fifty day simple moving average is C$2.85 and its 200-day simple moving average is C$3.72. The firm has a market capitalization of C$54.33 million, a PE ratio of 53.00 and a beta of 0.35. Green Impact Partners has a 12-month low of C$2.45 and a 12-month high of C$8.80. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 25.00.

About Green Impact Partners

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.