Alcanna Inc (CLIQ) Gets a Hold Rating from Canaccord Genuity


Alcanna Inc (CLIQ), the Consumer Goods sector company, was revisited by a Wall Street analyst on November 11. Canaccord Genuity’s analyst Derek Dley reiterates their Hold rating on the shares, with a C$8 price target.

According to TipRanks.com, Dley is ranked #527 out of 4897 analysts.

Currently, the analyst consensus on Alcanna Inc is a Hold with an average price target of C$8.33, a 2.2% upside from current levels. In a report issued on November 9, RBC Capital also reiterated a Hold rating on the stock with a C$8 price target.

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Alcanna Inc’s market cap is currently C$294.4M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.95.

Alcanna Inc. sells alcohol and cannabis. It operates through the Canadian Operations and the U.S. Operations segments. The company was founded by Henry Andrew Bereznicki and Irving Kipnes in 1993 and is headquartered in Edmonton, Canada.

The company’s shares closed on Friday at C$8.15, close to its 52-week low of C$7.86.

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