Alcanna (TSE:CLIQ) had its target price hoisted by CIBC from C$6.00 to C$6.75 in a research note published on Monday, BayStreet.CA reports.
Several other analysts also recently issued reports on CLIQ. Eight Capital set a C$9.50 price target on shares of Alcanna and gave the company a buy rating in a report on Wednesday, May 29th. Royal Bank of Canada upped their price target on shares of Alcanna from C$5.50 to C$6.00 and gave the company a sector perform rating in a report on Friday, May 10th.
CLIQ stock opened at C$5.68 on Monday. Alcanna has a 52 week low of C$4.00 and a 52 week high of C$11.56. The stock has a market capitalization of $210.85 million and a P/E ratio of -1.23. The company has a current ratio of 2.76, a quick ratio of 0.59 and a debt-to-equity ratio of 356.80. The business’s 50-day moving average is C$6.03.
Alcanna Inc engages in the retail of wines, beers, spirits, and cannabis in North America. As of March 14, 2019, it operated 236 stores in Alberta, British Columbia, and Alaska; and 5 cannabis retail stores under the Nova Cannabis brand in Alberta. The company was formerly known as Liquor Stores N.A.
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