Charlotte’s Web Holdings Inc (CWEB) Receives a Buy from Canaccord Genuity


Charlotte’s Web Holdings Inc (CWEB), the Healthcare company, was revisited by a Wall Street analyst on March 31. Analyst Derek Dley from Canaccord Genuity rated Charlotte’s Web Holdings Inc (CWEB) a Buy on March 31, setting a C$29 price target.

Dley has an average return of 64.2% when recommending Charlotte’s Web Holdings Inc.

According to TipRanks.com, Dley is ranked #647 out of 5244 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Charlotte’s Web Holdings Inc with a C$26.25 average price target.

The company has a one-year high of C$33.77 and a one-year low of C$9.05. Currently, Charlotte’s Web Holdings Inc has an average volume of 323.5K.

The company’s shares closed last Monday at C$29.37.

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