Acreage Holdings (ACRGF) Receives a Hold from Cantor Fitzgerald
In a report released today, Pablo Zuanic from Cantor Fitzgerald maintained a Hold rating on Acreage Holdings (ACRGF), with a price target of $2.30. The company’s shares closed last Thursday at $2.88, close to its 52-week low of $1.47.
According to TipRanks.com, Zuanic is ranked #1436 out of 6704 analysts.
Acreage Holdings has an analyst consensus of Strong Buy, with a price target consensus of $8.04.
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The company has a one-year high of $17.01 and a one-year low of $1.47. Currently, Acreage Holdings has an average volume of 451.1K.
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Acreage Holdings, Inc. engages in owning and operating cannabis licenses and assets in the U.S. with respect to the number of states with cannabis related licenses. It focuses on the cultivation, processing, and distribution operations. The company was founded by Kevin P. Murphy on July 12, 1989 and is headquartered in New York, NY.