Carbon Streaming (OTCMKTS:OFSTF) Coverage Initiated at HC Wainwright

Stock analysts at HC Wainwright began coverage on shares of Carbon Streaming (OTCMKTS:OFSTFGet Rating) in a research note issued to investors on Wednesday, The Fly reports. The firm set a “buy” rating and a $3.75 price target on the stock. HC Wainwright’s target price would indicate a potential upside of 131.48% from the company’s previous close.

Other analysts have also recently issued reports about the company. BMO Capital Markets began coverage on Carbon Streaming in a research note on Thursday, September 29th. They issued an “outperform” rating on the stock. Raymond James cut their price target on Carbon Streaming from C$10.00 to C$8.25 in a research note on Tuesday, September 27th. Finally, TD Securities cut their price target on Carbon Streaming from C$8.50 to C$5.00 in a research note on Tuesday, November 15th.

Carbon Streaming Stock Up 3.3 %

OTCMKTS:OFSTF opened at $1.62 on Wednesday. The stock’s fifty day moving average is $2.05 and its two-hundred day moving average is $2.80. Carbon Streaming has a 52 week low of $1.44 and a 52 week high of $14.00. The stock has a market capitalization of $75.86 million, a price-to-earnings ratio of 8.10 and a beta of -67.13.

Carbon Streaming (OTCMKTS:OFSTFGet Rating) last posted its quarterly earnings data on Monday, September 26th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $1.94 million during the quarter. On average, sell-side analysts expect that Carbon Streaming will post -0.01 EPS for the current fiscal year.

Carbon Streaming Company Profile

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Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly, or indirectly with voluntary and/or compliance carbon credits.

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