CIBC upgraded shares of Freshii (TSE:FRII) from an underperform rating to a neutral rating in a research report report published on Thursday, BayStreet.CA reports. CIBC currently has C$2.75 price target on the stock, up from their previous price target of C$2.00.
A number of other equities research analysts also recently commented on FRII. Cormark reduced their target price on Freshii from C$2.75 to C$2.50 in a report on Thursday. Cowen reduced their target price on Freshii from C$3.00 to C$2.00 in a report on Monday, May 13th.
Freshii stock opened at C$2.54 on Thursday. Freshii has a one year low of C$1.94 and a one year high of C$5.09. The company has a debt-to-equity ratio of 25.76, a quick ratio of 5.03 and a current ratio of 5.22. The business has a fifty day moving average of C$2.47 and a two-hundred day moving average of C$2.37. The company has a market cap of $79.10 million and a P/E ratio of -141.11.
Freshii Inc, together with its subsidiaries, develops, franchises, and operates quick-serve restaurants in Canada, the United States, and internationally. Its restaurants offer salads, bowls, burritos, wraps, soups, juices, smoothies, frozen yogurt, drinks, snacks, breakfast, and products for kids. As of February 21, 2019, the company operated 439 restaurants in 16 countries worldwide.
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