CSE:AYR.A - Post Discussion
Post by
AwareInvestor on Mar 15, 2021 9:38am
Ayr Wellness: Canaccord Raises Price Target To $70
On March 10th, Ayr Wellness reported their fourth quarter and year end financial results. They posted quarterly revenues of U$47.76 million, an adjusted EBITDA of U$19.35 million, along with a net loss of U$143.58 million. Full year numbers came in at U$155.1 million, U$56.19 million, and -U$176.3 million, respectively. These numbers generally came in line with the average analyst estimate.
Ayr Wellness currently has four analysts covering the company with a weighted 12-month price target of C$58. This is up from the average before the results, which was C$54.60. One analyst has a strong buy rating and the other three have buy ratings. The street high comes from Beacon Securities with a C$76 price target, and the lowest target comes from PI Financial with a C$60 price target.
https://thedeepdive.ca/ayr-wellness-canaccord-raises-price-target-to-70/
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