Green Thumb Industries (OTCMKTS:GTBIF) Price Target Cut to C$19.00

Green Thumb Industries (OTCMKTS:GTBIFGet Free Report) had its price target dropped by stock analysts at Alliance Global Partners from C$21.00 to C$19.00 in a note issued to investors on Wednesday, FlyOnTheWall reports.

Separately, Stifel Nicolaus lowered their price target on Green Thumb Industries from C$30.00 to C$22.00 in a research note on Monday, July 31st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $20.20.

Check Out Our Latest Stock Report on Green Thumb Industries

Green Thumb Industries Price Performance

Shares of OTCMKTS:GTBIF opened at $7.00 on Wednesday. The business’s 50 day moving average price is $7.47 and its 200-day moving average price is $7.71. The firm has a market capitalization of $1.66 billion, a PE ratio of -174.96 and a beta of 1.81. Green Thumb Industries has a 1 year low of $6.55 and a 1 year high of $16.50.

About Green Thumb Industries

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Green Thumb Industries Inc engages in the manufacture, distribution, and sale of various cannabis products for medical and adult-use in the United States. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.

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Analyst Recommendations for Green Thumb Industries (OTCMKTS:GTBIF)

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