BMO Capital Maintains a Buy Rating on HEXO (HEXO)

In a report released today, Tamy Chen from BMO Capital maintained a Buy rating on HEXO (HEXO), with a price target of $12.00. The company’s shares closed last Wednesday at $6.19.

According to, Chen has 0 stars on 0-5 stars ranking scale with an average return of -8.2% and a 45.5% success rate. Chen covers the Basic Materials sector, focusing on stocks such as The Green Organic Dutchman Holdings, The Supreme Cannabis Company, and OrganiGram Holdings.

Currently, the analyst consensus on HEXO is a Hold with an average price target of $8.02.

See today’s analyst top recommended stocks >>

The company has a one-year high of $11.04 and a one-year low of $1.60. Currently, HEXO has an average volume of 6.91M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

HEXO Corp. engages in the manufacture, production, and distribution of medicinal marijuana. It offers products through the Time of Day, H2, Decarb, and Exlixir No. 1 brands. The company was founded by Sébastien St. Louis and Adam Miron on October 29, 2013 and is headquartered in Gatineau, Canada.

Read More on HEXO:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts