Barfresh Food Group (OTCMKTS:BRFH) Rating Reiterated by Maxim Group

Barfresh Food Group (OTCMKTS:BRFH)‘s stock had its “buy” rating reissued by stock analysts at Maxim Group in a research note issued on Thursday, March 8th. They currently have a $1.50 price target on the stock. Maxim Group’s price target would suggest a potential upside of 123.88% from the company’s previous close.

The analysts wrote, “BRFH announced that it signed a national foodservice account with 1,000 locations. The rollout is expected to begin in April 2018 and BRFH projects incremental annual revenue of $4M. By achieving this milestone, BRFH gained access to $2.46M of the convertible debt financing announced on February 24, 2018.””

How to Become a New Pot Stock Millionaire

Separately, Zacks Investment Research cut Barfresh Food Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 23rd.

OTCMKTS BRFH traded down $0.02 on Thursday, hitting $0.67. 58,493 shares of the company were exchanged, compared to its average volume of 109,621. The company has a market cap of $81.72, a price-to-earnings ratio of -6.09 and a beta of -0.02. Barfresh Food Group has a 1-year low of $0.35 and a 1-year high of $0.82.

COPYRIGHT VIOLATION WARNING: “Barfresh Food Group (OTCMKTS:BRFH) Rating Reiterated by Maxim Group” was reported by BBNS and is the property of of BBNS. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://baseballnewssource.com/2018/04/02/barfresh-food-groups-brfh-buy-rating-reiterated-at-maxim-group/2006577.html.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc creates, manufactures, and distributes ready to blend frozen beverages in the United States. It offers portion controlled and ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as cocktails and mocktails. The company was founded in 2009 and is headquartered in Beverly Hills, California.

Receive News & Ratings for Barfresh Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barfresh Food Group and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL
Ohtani Goes Deep in Third Straight Game for Angels
Ohtani Goes Deep in Third Straight Game for Angels


Leave a Reply

 
© 2006-2018 BBNS.