Canaccord Genuity analyst Robert Burleson maintained a Hold rating on Planet 13 Holdings (OTC:PLNHF) on Wednesday, setting a price target of C$9, which is approximately 6.85% above the present share price of $6.95.
Burleson expects Planet 13 Holdings to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Planet 13 Holdings, with an average price target of $7.71.
The analysts price targets range from a high of $8 to a low of $7.43.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $23.82 million and a net profit of $3.46 million. The company's market cap is $1.36 billion.
According to TipRanks.com, Canaccord Genuity analyst Robert Burleson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.5% and a 60.33% success rate.
Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.