Tilray Brands (TSE:TLRY) Given a C$13.00 Price Target at Canaccord Genuity Group

Canaccord Genuity Group set a C$13.00 price target on Tilray Brands (TSE:TLRY) in a report issued on Tuesday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Separately, Sanford C. Bernstein raised their price target on Tilray Brands from C$13.00 to C$13.60 in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Tilray Brands has an average rating of “Hold” and an average price target of C$13.30.

Tilray Brands Price Performance

TSE TLRY opened at C$11.42 on Tuesday. Tilray Brands has a 1 year low of C$4.90 and a 1 year high of C$32.30. The company has a fifty day simple moving average of C$13.05 and a 200 day simple moving average of C$15.23. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 10.76. The company has a market cap of C$1.33 billion, a P/E ratio of -0.49 and a beta of 3.46.

About Tilray Brands

Tilray Brands, Inc (‘Tilray’) (Nasdaq: TLRY; TSX: TLRY), is a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness and create memorable experiences.