Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including carpets, clothing, and other polyester textiles. The company was incorporated in 2010 and is based in Terrebonne, Canada.
IPO Year:
Exchange: NASDAQ
Website: loopindustries.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/29/2022 | Buy → Neutral | H.C. Wainwright | |
| 10/28/2021 | $19.50 | Outperform | Raymond James |
| 10/7/2021 | $23.00 | Neutral → Buy | HC Wainwright & Co. |