In a new note to investors today, an analyst has provided a rating update for The Flowr Corporation (FLWR). Analyst Owen Bennett from Jefferies rated The Flowr Corporation (FLWR) a Hold, setting a C$7.30 price target.
According to TipRanks.com, Bennett is a 1-star analyst with an average return of -1.7% and a 47.1% success rate. Bennett covers the Healthcare sector, focusing on stocks such as The Green Organic Dutchman Holdings Ltd, CannTrust Holdings Inc, and Aurora Cannabis Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for The Flowr Corporation with a C$7.30 average price target.
The Flowr Corporation’s market cap is currently C$599.7M and has a P/E ratio of 0. The company has a Price to Book ratio of 9.64.
The Flowr Corp. engages in the operation and building of cannabis cultivation facilities. Through its subsidiaries, it offers cannabis products under the Flowr brand. The company was founded by David Miller and is headquartered in Markham, Canada.
The company’s shares closed on Friday at C$6.74.
