Shares of Ayr Wellness Inc. (OTCMKTS:AYRWF – Get Rating) have received an average recommendation of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $22.05.
Several analysts have recently issued reports on the stock. BTIG Research assumed coverage on shares of Ayr Wellness in a research report on Friday, October 28th. They issued a “buy” rating on the stock. Northland Securities reduced their target price on shares of Ayr Wellness from $14.00 to $10.00 in a research note on Friday, August 19th. Cantor Fitzgerald reduced their target price on shares of Ayr Wellness from $4.65 to $4.25 and set a “neutral” rating on the stock in a research note on Friday, November 11th. Atb Cap Markets reiterated an “outperform” rating on shares of Ayr Wellness in a research report on Friday, September 30th. Finally, Canaccord Genuity Group dropped their price objective on shares of Ayr Wellness from C$40.00 to C$30.00 and set a “buy” rating for the