Echelon Wealth Partners reiterated their buy rating on shares of Green Thumb Industries (OTCMKTS:GTBIF) in a research report report published on Wednesday morning, Anlyst Ratings reports. Echelon Wealth Partners currently has a $38.00 price objective on the stock.
GTBIF has been the subject of a number of other research reports. Needham & Company LLC reissued a buy rating and issued a $39.00 target price on shares of Green Thumb Industries in a research report on Wednesday, January 6th. Canaccord Genuity boosted their price objective on shares of Green Thumb Industries from $27.00 to $34.00 and gave the company a buy rating in a report on Thursday, November 12th. Alliance Global Partners raised their target price on shares of Green Thumb Industries from $28.00 to $40.00 and gave the stock a buy rating in a report on Thursday, November 12th. Craig Hallum lifted their target price on shares of Green Thumb Industries from $25.00 to $35.00 and gave the stock a buy rating in a research report on Thursday, November 12th. Finally, Stifel Nicolaus increased their price target on Green Thumb Industries from $44.00 to $46.00 and gave the company a buy rating in a report on Thursday, November 12th. Nine research analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and a consensus target price of $35.88.
Shares of GTBIF stock traded up $0.58 during mid-day trading on Wednesday, hitting $29.93. The company’s stock had a trading volume of 657,383 shares, compared to its average volume of 839,810. Green Thumb Industries has a 52-week low of $3.69 and a 52-week high of $30.06. The business has a 50-day moving average price of $23.56 and a 200 day moving average price of $16.71.
Green Thumb Industries Inc manufactures, distributes, and sells various cannabis products for medical and adult-use in the United States. It offers cannabis flower; and processed and packaged products, including concentrates, edibles, and topical and other cannabis products under the Rythm, Dogwalkers, The Feel Collection, incredibles, Dr.
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