Jefferies Financial Group Lower Organigram's Price Target

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January 2nd, 2020, Jefferies Financial Group lowered price target for Organigram (TSX, NASDAQ: OGI) from $8.20 to $5.

DateBrokerageActionRatingPrice Target
1/2/2020Jefferies Financial GroupLower Price TargetC$8.20 ➝ C$5.00
11/26/2019CormarkLower Price TargetC$10.00 ➝ C$4.50
11/26/2019Haywood SecuritiesLower Price TargetC$8.00 ➝ C$7.50
11/26/2019Pi FinancialSet Price TargetBuyC$7.00
11/26/2019Raymond JamesSet Price TargetOutperformC$9.00
11/13/2019Canaccord GenuityLower Price TargetC$8.50 ➝ C$7.00
11/12/2019AltaCorp CapitalLower Price TargetC$13.15 ➝ C$6.50

About Organigram Holdings Inc.

Organigram Holdings Inc. is a NASDAQ Global Select and TSX listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada.

Organigram is focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the Company’s global footprint. Organigram has also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics and Trailblazer. Organigram’s primary facility is located in Moncton, New Brunswick and the Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada).

Source: MarketBeat

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