In a new note to investors today, an analyst has provided a rating update for the Utilities sector company, GreenSpace Brands (JTR). Raymond James’ analyst Kenric Tyghe reiterates their Buy rating on the shares, with a C$1 price target.
According to TipRanks.com, Tyghe is a 3-star analyst with an average return of 1.8% and a 50.6% 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.
GreenSpace Brands’ market cap is currently C$23.56M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.48.
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 Monday at C$0.33, close to its 52-week low of C$0.28.
