In a report released on February 2, Matthew Galinko from Maxim Group maintained a Buy rating on Kaival Brands Innovations Group (KAVL – Research Report), with a price target of $2.00. The company’s shares opened today at $0.76.
Galinko covers the Technology sector, focusing on stocks such as American Software, Adeia, and Unisys. According to TipRanks, Galinko has an average return of -5.2% and a 36.46% success rate on recommended stocks.
Kaival Brands Innovations Group has an analyst consensus of Moderate Buy, with a price target consensus of $2.00.
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KAVL market cap is currently $42.97M and has a P/E ratio of -1.93.
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Kaival Brands Innovations Group, Inc. operates as a development stage company. Its business plan is to serve as a vehicle to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The company was founded by Paul Moody and is headquartered in Cranston, RI.
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