Tidewater Renewables (TSE:LCFS) Reaches New 12-Month High – Still a Buy?

Posted by Paula Ricardo on Jul 16th, 2026

Shares of Tidewater Renewables Ltd. (TSE:LCFS – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$14.68 and last traded at C$14.44, with a volume of 7973 shares trading hands. The stock had previously closed at C$13.85.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on Tidewater Renewables from C$7.50 to C$12.50 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. National Bank Financial boosted their target price on shares of Tidewater Renewables from C$8.00 to C$13.25 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Finally, ATB Cormark Capital Markets boosted their target price on shares of Tidewater Renewables from C$8.00 to C$12.00 and gave the stock a “speculative buy” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$12.58.

Check Out Our Latest Stock Report on Tidewater Renewables

Tidewater Renewables Trading Up 2.5%

The company has a debt-to-equity ratio of 120.55, a current ratio of 1.13 and a quick ratio of 0.10. The business has a 50-day simple moving average of C$12.05 and a two-hundred day simple moving average of C$8.17. The stock has a market cap of C$532.52 million, a price-to-earnings ratio of 66.27 and a beta of -0.46.

Tidewater Renewables Company Profile

(Get Free Report)

Tidewater Renewables is a multi-faceted, energy transition company. The Corporation is focused on the production of low carbon fuels, including renewable diesel and sustainable aviation fuel. The Corporation was created in response to the growing demand for renewable fuels in North America and to capitalize on its potential to efficiently turn a wide variety of renewable feedstocks (such as canola oil, soybean oil, used cooking oil, distillers corn oil, tallow, and other biomasses) into low carbon fuels.