In a report released yesterday, 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 closed yesterday at $0.77.
Galinko covers the Technology sector, focusing on stocks such as SuperCom, Data Storage, and Ondas Holdings. According to TipRanks, Galinko has an average return of -9.5% and a 38.84% success rate on recommended stocks.
Currently, the analyst consensus on Kaival Brands Innovations Group is a Moderate Buy with an average price target of $2.00.
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KAVL market cap is currently $44.79M and has a P/E ratio of -2.90.
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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.
Read More on KAVL:
- Kaival Brands Launches Distribution of BIDI® Stick in Over 900 Kwik Trip and Mapco Locations
- Kaival launches distribution of BIDI Stick in over 900 Kwik Trip, Mapco stores
- Kaival Brands Reports Fiscal 2023 Second Quarter Financial Results and Highlights Recent Achievements
- Kaival relaunches distribution of BIDI Stick in over 1,000 Circle K locations
- Kaival Brands Relaunches Distribution of BIDI® Stick in Over 1,000 Circle K Locations
