Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

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Good Natured Products Inc > Raymond James

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Post by Champ87on Jan 26, 2021 11:59am

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Post# 32387783

Raymond James

Seeing “compelling” macro trends and “strong” M&A and organic growth, Raymond James analyst Steve Hansen initiated coverage of Vancouver-based bioplastic producer Good Natured Products Inc. (GDNP-X) with an “outperform” rating and $1.50 target, exceeding the $1.33 consensus.

“In short, we believe Good Natured is superbly positioned to capitalize on consumer’s shifting preference away from petroleum-based plastics toward sustainable, plantbased packaging and everyday products,” he said. “Coupled with the company’s unique strategy and transformative recent acquisitions, we see outsized growth opportunities ahead.”

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