Canaccord Genuity Boosts CannTrust (CNSX:TRST) Price Target to $9.50

CannTrust (CNSX:TRST) had its price objective hoisted by equities researchers at Canaccord Genuity from $7.25 to $9.50 in a note issued to investors on Monday, December 4th.

CannTrust (CNSX TRST) traded up C$0.34 during midday trading on Monday, reaching C$8.74. 77,285 shares of the company’s stock traded hands, compared to its average volume of 24,035. CannTrust has a fifty-two week low of C$1.69 and a fifty-two week high of C$8.74.

In other news, Director Mark Litwin sold 244,750 shares of CannTrust stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of C$7.35, for a total transaction of C$1,798,912.50. Also, Director Mitchell J. Sanders sold 20,000 shares of CannTrust stock in a transaction dated Friday, November 24th. The shares were sold at an average price of C$7.70, for a total transaction of C$154,000.00.

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CannTrust Company Profile

CannTrust Holdings Inc is a Canada-based company, which produces pharmaceutical-grade medical cannabis for patients. The Company is a federally regulated licensed producer of medical cannabis products. The Company operates a hydroponic facility and an onsite laboratory for testing and research on the medical use of cannabis.

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