Shares of Freshii Inc. (TSE:FRII) shot up 0.2% during mid-day trading on Wednesday . The company traded as high as C$6.10 and last traded at C$6.02. 67,902 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 113,962 shares. The stock had previously closed at C$6.03.

A number of analysts have weighed in on the company. National Bank Financial lowered their target price on Freshii from C$16.00 to C$12.00 and set an “outperform” rating for the company in a report on Tuesday, September 26th. Canaccord Genuity cut their target price on Freshii from C$14.00 to C$11.00 in a research report on Tuesday, September 26th. Finally, CIBC cut their target price on Freshii from C$16.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 27th. Six research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of C$13.50.

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Freshii Company Profile

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