Northland Securities Keeps a Hold Rating on Tilray Inc (TLRY)

By Ryan Adsit

Northland Securities analyst Michael Grondahl maintained a Hold rating on Tilray Inc (TLRYResearch Report) today. The company’s shares closed last Monday at $46.02, close to its 52-week low of $26.11.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 13.9% and a 53.7% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.

Tilray Inc has an analyst consensus of Hold, with a price target consensus of $88.33.

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The company has a one-year high of $300 and a one-year low of $26.11. Currently, Tilray Inc has an average volume of 1.46M.

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Tilray, Inc. engages in the research, cultivation, production, and distribution of medical cannabis and cannabinoids. Its products include dried cannabis and cannabis extracts. The company was founded on January 24, 2018 and is headquartered in Nanaimo, Canada.