In a new note to investors today, an analyst has provided a rating update for the Consumer Goods sector company, Alcanna Inc (CLIQ). The company received a Hold rating from Scotiabank’s analyst George Doumet, with a C$5.50 price target.
According to TipRanks.com, Doumet is ranked #1659 out of 5108 analysts.
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Currently, the analyst consensus on Alcanna Inc is a Hold with an average price target of C$7.63.
Based on Alcanna Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$4.01 million. In comparison, last year the company had a GAAP net loss of C$3.21 million.
Alcanna Inc. sells alcohol and cannabis. It operates through the Canadian Operations and the U.S. Operations segments. The company was founded by Henry Andrew Bereznicki and Irving Kipnes in 1993 and is headquartered in Edmonton, Canada.
The company’s shares closed on Thursday at C$6.16, close to its 52-week low of C$6.06.
