Roth MKM analyst William Kirk reiterated a Buy rating on Flora Growth (FLGC – Research Report) today and set a price target of $2.00. The company’s shares closed yesterday at $0.25.
According to TipRanks, Kirk is an analyst with an average return of -9.4% and a 41.30% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Walmart, and Boston Beer.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Flora Growth with a $2.00 average price target.
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The company has a one-year high of $1.72 and a one-year low of $0.19. Currently, Flora Growth has an average volume of 1.94M.
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Flora Growth Corp is a vertically integrated cannabis company. It is focused on becoming the largest producer of low-cost naturally grown medicinal-grade cannabis oils, CBD-infused foods and beverages, and pharmaceutical-grade medical and cosmetic-grade derivatives from the cannabis plant. It prioritizes organic ingredients and value-chain sustainability across its portfolio to create products that help consumers restore and thrive.
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