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MKM Partners Sticks to Their Hold Rating for Curaleaf Holdings

Published May 18, 2020 03:34AM ET
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MKM Partners analyst William Kirk maintained a Hold rating on Curaleaf Holdings (OTC:CURLF) on Thursday, setting a price target of C$6.5, which is approximately 9.98% above the present share price of $5.91.

Kirk expects Curaleaf Holdings to post earnings per share (EPS) of -$0.06 for the second quarter of 2020.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Curaleaf Holdings, with an average price target of $9.78.
The analysts price targets range from a high of $15.63 to a low of $4.62.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $75.46 million and a net profit of -$7.27 million. The company's market cap is $2.78 billion.

According to TipRanks.com, MKM Partners analyst William Kirk is a 1-star analyst with an average return of -5.1% and a 40.7% success rate.

Curaleaf Holdings, Inc. is a life science company, which engages in owning and managing licensed cannabis businesses which cultivate, process and/or dispense cannabis and cannabis derived products. It operates through Cannabis Operations and Non-Cannabis Operations segments. The Cannabis Operations segment production and sale of cannabis via retail and wholesale channels. The Non-Cannabis Operations segment provides professional services including cultivation, processing and retail know-how, and back office administration, intellectual property licensing,real estate leasing services, and lending facilities to medical and adult-use cannabis licensee. The company was founded on November 13, 2014 and is headquartered in Vancouver, Canada.

MKM Partners Sticks to Their Hold Rating for Curaleaf Holdings
 

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Comments (2)
Michael Mazur
Michael Mazur May 27, 2020 1:53AM ET
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I want to own 5% in my portfolio at this price seems reasonable. They seem like the future mcdonalds of *******lol
Kachik Kazanchyan
Kachik Kazanchyan May 18, 2020 2:12PM ET
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Curaleaf is going to surpass all expectations in my opinion.
 
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