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High Tide (HITI) Gets a Buy from Roth MKM

Tipranks - Tue Feb 3, 7:28AM CST

In a report released today, Bill Kirk from Roth MKM reiterated a Buy rating on High Tide, with a price target of $5.00.

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Kirk covers the Consumer Defensive sector, focusing on stocks such as Costco, United Natural Foods, and Grocery Outlet Holding. According to TipRanks, Kirk has an average return of -7.5% and a 40.65% success rate on recommended stocks.

In addition to Roth MKM, High Tide also received a Buy from Haywood’s Neal Gilmer in a report issued on January 30. However, today, TipRanks – xAI reiterated a Hold rating on High Tide (NASDAQ: HITI).

The company has a one-year high of C$5.59 and a one-year low of C$2.37. Currently, High Tide has an average volume of 89.08K.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HITI in relation to earlier this year.

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