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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OrganiGram Holdings with a $3.75 average price target, a 51.8% upside from current levels. In a report issued on April 7, BMO Capital also upgraded the stock to Hold with a C$4.00 price target.
Based on OrganiGram Holdings’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $19.33 million and GAAP net loss of $34.34 million. In comparison, last year the company earned revenue of $25.15 million and had a GAAP net loss of $863K.
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OrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. Its products include strains, cannabis oils, and vaporizrs. The company was founded on July 5, 2010 and is headquartered in Moncton, Canada.