Raymond James Thinks GreenSpace Brands’ Stock is Going to Recover


A Wall Street analyst has provided a review for the Utilities company today, but retained the same rating on the stock. GreenSpace Brands (JTR) received a Buy rating from Raymond James’ analyst Kenric Tyghe, with a C$1 price target.

According to TipRanks.com, Tyghe is a 3-star analyst with an average return of 3.2% and a 55.7% success rate. Tyghe covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Dollarama Inc, and Cineplex.

Currently, the analyst consensus on GreenSpace Brands is a Moderate Buy with an average price target of C$1.

The company has a one-year high of C$1.50 and a one-year low of C$0.28. Currently, GreenSpace Brands has an average volume of 109.6K.

GreenSpace Brands, Inc. engages in the development, marketing, and sale of natural food products. It offers a range of products such as convenience meat made with a variety of combinations of grass fed and pasture raised meats.

The company’s shares closed on Thursday at C$0.35, close to its 52-week low of C$0.28.

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