Cowen Begins Coverage on Acreage (OTCMKTS:ACRGF)

Cowen began coverage on shares of Acreage (OTCMKTS:ACRGF) in a research report released on Friday, Automated Import reports. The firm issued a market perform rating on the stock.

A number of other research firms also recently weighed in on ACRGF. LADENBURG THALM/SH SH assumed coverage on Acreage in a research report on Wednesday, July 17th. They set a buy rating and a $18.00 target price on the stock. Compass Point assumed coverage on Acreage in a research report on Monday, June 10th. They set a buy rating on the stock.

ACRGF stock opened at $8.33 on Friday. Acreage has a twelve month low of $7.05 and a twelve month high of $30.00. The business’s 50-day simple moving average is $9.75 and its 200 day simple moving average is $16.47.

About Acreage

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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