Canaccord Genuity Reaffirms Their Buy Rating on Origin House (OH)
In a new note to investors on November 28, an analyst has provided a rating update for Origin House (OH). Analyst Matt Bottomley from Canaccord Genuity remains bullish on the stock and has a C$10 price target.
Bottomley has an average return of 35.8% when recommending Origin House.
According to TipRanks.com, Bottomley is ranked #276 out of 5130 analysts.
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Currently, the analyst consensus on Origin House is a Moderate Buy with an average price target of C$10.
Based on Origin House’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$7.13 million. In comparison, last year the company had a GAAP net loss of C$2.63 million.
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.