Analyst Price Target is $46.00
▲ +29.72% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Carbios SAS in the last 3 months. The average price target is $46.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 29.72% upside from the last price of $35.46.
Current Consensus is
The current consensus among 1 polled investment analysts is to buy stock in Carbios SAS.
Carbios SAS, a green chemistry company, develops industrial bioprocesses for the biodegradation and bio recycling of polymers in France. The company engages in the production of EVANESTO, an enzymatic biodegradation solution for polylactic acid (PLA) based single-use plastics; and enzymatic recycling of polyethylene terephthalate (PET). It also offers PLA, a biosourced and biodegradable plastic polymer used in food packaging, disposable tableware, and electronics and medical applications; and recycles plastic waste into plastic materials. The company also exports its products. Carbios SAS has a development agreement with Novozymes to produce enzyme for recycling of PET-plastics and fibers. The company was founded in 2011 and is headquartered in Saint-Beauzire, France.