Alcanna Inc (TSX: CLIQ), the Consumer Goods sector company, was revisited by a Wall Street analyst yesterday. Analyst George Doumet from Scotiabank rated Alcanna Inc (TSX: CLIQ) a Buy, setting a C$12 price target.
According to TipRanks.com, Doumet is ranked #1604 out of 4857 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alcanna Inc with a C$10.50 average price target.
Based on Alcanna Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$1.36 million. In comparison, last year the company had a GAAP net loss of C$2.07 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 Tuesday at C$9.22, close to its 52-week low of C$8.49.
