Analysts lower targets on Anaergia Inc. (ANRG:TSX)

Anaergia Inc (ANRG:CA): Analyst Alert-TD Securities Maintains "Hold" rating

Anaergia Inc Stock Forecast:

According to 13 analysts, the average analyst target price for Anaergia Inc over the next 12 months is CAD 4.66. The average analyst rating for the stock is Buy. However, Stock Target Advisor‘s own analysis of Anaergia Inc suggests a Bearish outlook, based on 1 positive signal and 7 negative signals. The stock closed at CAD 0.78 in the last session, indicating a significant difference from the target price. Over the past week, the stock price has decreased by -7.14%, while over the past month and the last year, it has dropped by -34.45% and -96.20%, respectively.

Recent Analysts Coverage Change:

  • Scotia Capital maintains a  “Sector Perform” rating for Anaergia Inc. and lowers the target price to$2 from $4.75.
  • STA Research maintained a “Speculative Buy” rating on the stock with a target price of $1.50.
  • TD Securities also maintained a “Speculative Buy” rating on the stock with a target price of $1.50.

About Anaergia Inc.:

Anaergia Inc. is a company specializing in renewable energy generation and waste conversion solutions. It operates in three main segments: Capital Sales, Services, and Build, Own, and Operate Projects. The company offers a range of innovative waste processing solutions that enable the capture and processing of organic waste within mixed municipal solid waste. By utilizing anaerobic digestion, Anaergia’s solutions can convert this waste into clean energy, fertilizers, and recycled water.

One of the key technologies employed by Anaergia is anaerobic digestion, which involves the decomposition of organic material in the absence of oxygen. This process results in the production of biogas, a renewable energy source that can be used for various applications. Additionally, Anaergia utilizes membrane-based systems to upgrade biogas, making it suitable for use in pipelines. This technology enhances the value of biogas by purifying it and enabling its distribution through existing natural gas infrastructure.

The company also provides liquid treatment solutions that enable water re-use and nutrient recovery. These solutions are designed to treat various liquid waste streams, allowing for the recovery of valuable resources while minimizing environmental impact. Additionally, Anaergia offers residue treatment solutions, ensuring the proper handling and management of waste by-products.

Anaergia’s expertise extends beyond waste processing, as it also offers wastewater resource recovery, municipal solid waste, and agri-food solutions. These encompass a range of services and technologies aimed at optimizing the utilization of resources and reducing waste in the respective sectors.

Founded in 2007, Anaergia is headquartered in Burlington, Canada. The company has established itself as a leader in the renewable energy and waste management industry, providing sustainable solutions that address the growing need for resource recovery and environmental stewardship.

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