In a report released today, Eric Des Lauriers from Craig-Hallum maintained a Buy rating on urban-gro (UGRO – Research Report). The company’s shares closed last Friday at $1.90.
Des Lauriers covers the Consumer Cyclical sector, focusing on stocks such as GrowGeneration, Green Thumb Industries, and Purple Innovation. According to TipRanks, Des Lauriers has an average return of 7.6% and a 36.84% success rate on recommended stocks.
urban-gro has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.
See the top stocks recommended by analysts >>
The company has a one-year high of $7.12 and a one-year low of $1.09. Currently, urban-gro has an average volume of 149.1K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UGRO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Urban-gro Inc is an agricultural solutions and ag-tech company focused on serving commercial cultivators around the world. It offers various equipment and products such as Pesticides & Equipment, Climate Control equipment, Fertigation products, Wastewater Treatment equipment and others.
Read More on UGRO:
