$ 3.43
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company...
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA, overpriced on P/FC
Target Price
The average target price of HITI is 5.5 and suggests 62% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas