Alcanna (TSE:CLIQ) had its target price lifted by CIBC from C$6.00 to C$6.75 in a report issued on Monday, BayStreet.CA reports.
A number of other research analysts have also commented on the stock. Royal Bank of Canada lifted their price objective on shares of Alcanna from C$5.50 to C$6.00 and gave the company a sector perform rating in a research note on Friday, May 10th. Eight Capital set a C$9.50 price objective on shares of Alcanna and gave the company a buy rating in a research note on Wednesday, May 29th.
TSE CLIQ opened at C$5.68 on Monday. 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 firm has a market capitalization of $210.85 million and a price-to-earnings ratio of -1.23. Alcanna has a one year low of C$4.00 and a one year high of C$11.56. The company has a fifty day simple moving average of 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.
Receive News & Ratings for Alcanna Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alcanna and related companies with MarketBeat.com's FREE daily email newsletter.