Blurbs

Cantor Fitzgerald Sticks to Their Hold Rating for High Tide (HITI)

In a report issued on June 16, Pablo Zuanic from Cantor Fitzgerald maintained a Hold rating on High Tide (HITIResearch Report), with a price target of C$4.45. The company’s shares closed last Friday at $2.06, close to its 52-week low of $1.73.

According to TipRanks.com, Zuanic is ranked #995 out of 7892 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for High Tide with a $7.38 average price target.

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High Tide’s market cap is currently $123.6M and has a P/E ratio of -6.44.

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High Tide, Inc. operates as a counterculture chain, which engages in the manufacture and retail of cannabis accessories. The firm operates through the Wholesale and Retail business segments. Its brands include: Famous Brandz, RGR, Smoker’s Corner, Canna Cabana, KushBar, and Kush West. The company was founded by Harkirat Grover in 2009 and is headquartered in Calgary, Canada.

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