Cowen started coverage on shares of Acreage (OTCMKTS:ACRGF) in a research note issued to investors on Friday morning, Briefing.com Automated Import reports. The brokerage issued a market perform rating on the stock.
ACRGF has been the subject of several other reports. Compass Point began coverage on shares of Acreage in a report on Monday, June 10th. They set a buy rating for the company. LADENBURG THALM/SH SH began coverage on shares of Acreage in a report on Wednesday, July 17th. They set a buy rating and a $18.00 target price for the company.
OTCMKTS:ACRGF opened at $8.24 on Friday. The company has a 50 day moving average price of $10.04 and a 200-day moving average price of $16.65. Acreage has a 1-year low of $7.05 and a 1-year high of $30.00.
Acreage Holdings, Inc engages in owning and operating cannabis licenses and assets in the U.S. with respect to the number of states with cannabis related licenses. It focuses on the cultivation, processing, and distribution operations. The company was founded by Kevin P. Murphy on July 12, 1989 and is headquartered in New York, NY.
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