Investment analysts at Cantor Fitzgerald assumed coverage on shares of Green Thumb Industries (OTCMKTS:GTBIF) in a research note issued on Thursday, MarketBeat.com reports. The firm set a “neutral” rating and a $13.00 price target on the stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 43.49% from the company’s current price.
Other research analysts also recently issued research reports about the company. Alliance Global Partners reaffirmed a “buy” rating on shares of Green Thumb Industries in a research note on Thursday, November 21st. Echelon Wealth Partners reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Green Thumb Industries in a research note on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $16.90.
OTCMKTS GTBIF opened at $9.06 on Thursday. The stock’s 50-day moving average price is $9.38 and its 200-day moving average price is $9.02. Green Thumb Industries has a 52 week low of $7.55 and a 52 week high of $16.68.
Green Thumb Industries Inc manufactures and sells various cannabis products in the United States. The company's cannabis products include flower, concentrates for dabbing and vaporizing, edibles, and topical. It owns and operates a chain of retail cannabis stores under the RISE name. The company markets its products through third party retailers.
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