EcoloCap Solutions Rated ‘Speculative Buy,’ Target Price $0.82 By Beacon Equity Research
EcoloCap Solutions (OTCBB: ECOS) has received a ‘Speculative Buy’ rating with a price target of $0.82 by Beacon Analyst, Victor Sula, Ph.D.
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In the report, the analyst writes, “The Company provides its expertise to developing economies like China, India and Vietnam as well as to countries in Africa and South America. At present, ECOS is developing 16 projects in China and Vietnam. Most of its contracts have a 17-year length. These contracts are expected to result in an equivalent reduction of 5.8 million tons of CO2. The Net Present Value of ECOS’ portfolio is estimated at $50 million, assuming a six-year period of CERs and prices of $22 per CER.”
Other companies in the clean energy sector include: Clean Energy Fuels (Nasdaq: CLNE), Evergreen Solar Inc. (Nasdaq: ESLR), First Solar Inc. (Nasdaq: FSLR) and Suntech Power Holdings Co. Ltd. (NYSE: STP).
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts’ personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a Web site wholly-owned by BlueWave Advisors, LLC. BlueWave Advisors LLC has been compensated thirty five thousand dollars from Target IR, a shareholder of ECOS, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.