Organigram (CVE:OGI) had its target price lifted by analysts at Eight Capital from C$4.50 to C$7.00 in a research report issued on Monday. Eight Capital’s price objective would suggest a potential upside of 62.04% from the stock’s previous close.
Separately, Canaccord Genuity set a C$5.50 price target on Organigram in a research note on Wednesday, March 7th.
Organigram (CVE OGI) traded up C$0.01 during trading on Monday, hitting C$4.32. The company had a trading volume of 331,866 shares, compared to its average volume of 2,237,194. Organigram has a 12-month low of C$2.00 and a 12-month high of C$5.68. The stock has a market capitalization of $526.95, a P/E ratio of -39.27 and a beta of 8.35.
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Organigram Company Profile
OrganiGram Holdings Inc, through its subsidiary, Organigram Inc, produces and sells medical marijuana in Canada. The company was founded in 2013 and is based in Moncton, Canada.
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