Craig-Hallum has decided to maintain its Buy rating of Village Farms Intl VFF and raise its price target from $1.00 to $1.20.
Shares of Village Farms Intl are trading up 7.11% over the last 24 hours, at $0.75 per share.
A move to $1.20 would account for a 60.02% increase from the current share price.
About Village Farms Intl
Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. Through its 70% ownership of Rose, the Company has a presence in the Province of Quebec as a cannabis supplier, producer and commercialization.
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