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Canaccord Genuity Maintains a Buy Rating on CannaRoyalty Corp (CRZ)


Wall Street analyst has provided a review for the NA company today, but retained the same rating on the stock. Analyst Matt Bottomley from Canaccord Genuity reiterated a Buy rating on CannaRoyalty Corp (CNQX: CRZ), with a C$8.75 price target.

Bottomley has an average return of 39.6% when recommending CannaRoyalty Corp.

According to TipRanks.com, Bottomley is ranked #101 out of 4878 analysts.

Currently, the analyst consensus on CannaRoyalty Corp is a Moderate Buy with an average price target of C$8.

CannaRoyalty Corp’s market cap is currently C$388.8M and has a P/E ratio of –. The company has a Price to Book ratio of 5.87.

CannaRoyalty Corp. is an integrator and operation services in the field of legal cannabis in the United States, Canada, and Puerto Rico. It serves as a platform of holdings via royalty agreements, equity interests, secured convertible debt, and licensing agreements.