There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Curaleaf Holdings (CURLF) and Burcon Nutrascience (BUROF) with bullish sentiments.
Curaleaf Holdings (CURLF)
Canaccord Genuity analyst Matt Bottomley maintained a Buy rating on Curaleaf Holdings yesterday and set a price target of C$15.00. The company’s shares closed last Monday at $5.90.
According to TipRanks.com, Bottomley is a 3-star analyst with an average return of 1.8% and a 46.7% success rate. Bottomley covers the Industrial Goods sector, focusing on stocks such as The Supreme Cannabis Company, Harvest Health & Recreation, and Vireo Health International.
Curaleaf Holdings has an analyst consensus of Strong Buy, with a price target consensus of $10.67, implying an 83.0% upside from current levels. In a report issued on June 8, Roth Capital also initiated coverage with a Buy rating on the stock with a $9.00 price target.
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Burcon Nutrascience (BUROF)
In a report released yesterday, Tania Gonsalves from Canaccord Genuity maintained a Buy rating on Burcon Nutrascience, with a price target of C$1.75. The company’s shares closed last Monday at $1.22.
Gonsalves has an average return of 52.5% when recommending Burcon Nutrascience.
According to TipRanks.com, Gonsalves is ranked #5181 out of 6714 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Burcon Nutrascience with a $1.29 average price target.
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