RBC Capital Thinks MAV Beauty Brands Inc’s Stock is Going to Recover


Today, an analyst has provided a rating update for MAV Beauty Brands Inc (MAV). The company received a Buy rating from RBC Capital’s analyst Sabahat Khan, with a C$10 price target.

According to TipRanks.com, Khan is ranked #2213 out of 5247 analysts.

Currently, the analyst consensus on MAV Beauty Brands Inc is a Moderate Buy with an average price target of C$10.

Based on MAV Beauty Brands Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of C$1.47 million. In comparison, last year the company had a GAAP net loss of C$3.83 million.

MAV Beauty Brands, Inc. operates as a personal care company. Its personal care brands are: Marc Anthony True Professional, Renpure and Cake Beauty. The company’s products include hair care, body care and beauty products such as shampoo, conditioner, hair styling products, treatments, body wash, and body and hand lotion across multiple.

The company’s shares closed on Tuesday at C$6.64, close to its 52-week low of C$5.90.

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