KushCo Holdings Inc (OTCMKTS:KSHB) has received a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the firm, MarketBeat.com reports. Ten equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is $6.33.
A number of equities research analysts have recently commented on KSHB shares. Northland Securities restated a “buy” rating and set a $6.00 target price on shares of KushCo in a research report on Friday, November 8th. Zacks Investment Research upgraded KushCo from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a report on Thursday, November 14th. Compass Point raised their price objective on shares of KushCo from $5.00 to $8.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Canaccord Genuity reiterated a “buy” rating and issued a $3.50 target price (down from $7.50) on shares of KushCo in a report on Friday, November 8th. They noted that the move was a valuation call. Finally, Jefferies Financial Group started coverage on shares of KushCo in a research report on Wednesday, November 27th. They set a “buy” rating and a $3.50 price target on the stock.
Shares of OTCMKTS KSHB traded down $0.10 during midday trading on Friday, reaching $1.68. 444,955 shares of the company’s stock traded hands, compared to its average volume of 702,152. The company has a market cap of $180.37 million, a price-to-earnings ratio of -4.80 and a beta of 1.62. The stock’s 50 day simple moving average is $1.66 and its 200-day simple moving average is $3.43. The company has a quick ratio of 1.29, a current ratio of 2.63 and a debt-to-equity ratio of 0.19. KushCo has a one year low of $1.26 and a one year high of $7.20.
KushCo Company Profile
KushCo Holdings, Inc primarily engages in the wholesale distribution of packaging supplies in the United States, Canada, Europe, and internationally. The company offers pop-top bottles; child resistant exit, paper exit, and foil barrier bags; tubes; and polystyrene, silicone-lined polystyrene or glass containers.
Further Reading: Hold Rating
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