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Beyond Oil Ltd ( (TSE:BOIL) ) just unveiled an announcement.
Beyond Oil Ltd. has entered into a distribution arrangement with Sysco Los Angeles, a subsidiary of Sysco Corporation, enabling its frying-oil treatment product to be sold through the Los Angeles operating company, with launch activities to include training, pilot programs, and co-marketing. Because Beyond Oil already holds approved vendor status and a Sysco item code, this agreement provides a scalable pathway for broader adoption across Sysco’s U.S. distribution network, potentially accelerating the company’s expansion in the American market and strengthening its positioning as a provider of health-focused, cost-saving, and sustainability-oriented solutions for commercial kitchens.
The most recent analyst rating on (TSE:BOIL) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Beyond Oil Ltd stock, see the TSE:BOIL Stock Forecast page.
Spark’s Take on TSE:BOIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:BOIL is a Neutral.
Beyond Oil Ltd’s score is driven by strong corporate events and technical trends, but is tempered by financial performance and valuation concerns. The company’s strategic initiatives and market expansion are promising, yet profitability and cash flow issues need addressing.
To see Spark’s full report on TSE:BOIL stock, click here.
More about Beyond Oil Ltd
Beyond Oil Ltd. is a food-tech innovation company that develops patented solutions to reduce health risks associated with reused frying oil, aiming to lower costs for food-service operators and improve sustainability. With regulatory clearances from the FDA and Health Canada, its technology targets the pervasive practice of repeatedly reusing frying oil in restaurants, hotels, catering services, food manufacturing plants, and institutional kitchens, helping mitigate links to serious health issues while enhancing food quality, cutting operational expenses, and reducing environmental impact.
Average Trading Volume: 89,859
Technical Sentiment Signal: Buy
Current Market Cap: C$214M
Find detailed analytics on BOIL stock on TipRanks’ Stock Analysis page.