TILT Holdings Inc (TILT) Receives a Buy from Canaccord Genuity

By Ryan Adsit

TILT Holdings Inc (TILTResearch Report) has received a rating update from a Wall Street analyst yesterday. Analyst Robert Burleson from Canaccord Genuity rated TILT Holdings Inc (TILTResearch Report) a Buy, setting a C$4 price target.

According to TipRanks.com, Burleson is ranked #214 out of 5182 analysts.

Currently, the analyst consensus on TILT Holdings Inc is a Moderate Buy with an average price target of C$4.

TILT Holdings Inc’s market cap is currently C$73.73M and has a P/E ratio of –. The company has a Price to Book ratio of 4.25.

TILT Holdings, Inc. engages in the provision of software solutions for the cannabis industry. It focuses on the development of technology driven infrastructure platform to deliver cannabis products and services to the legalized cannabis industry. The company was founded on June 22, 2018 and is headquartered in Vancouver, Canada.

The company’s shares closed last Monday at C$2.08.