Cowen started coverage on shares of Green Thumb Industries (OTCMKTS:GTBIF) in a report published on Friday, BenzingaRatingsTable reports. The firm issued an outperform rating and a $18.50 price target on the stock.

Several other equities analysts also recently weighed in on GTBIF. Piper Jaffray Companies began coverage on shares of Green Thumb Industries in a report on Monday, August 12th. They issued an overweight rating and a $13.00 price target on the stock. Compass Point began coverage on shares of Green Thumb Industries in a report on Monday, June 10th. They issued a buy rating on the stock. Five equities research analysts have rated the stock with a buy rating, Green Thumb Industries currently has a consensus rating of Buy and an average target price of $15.88.

Shares of OTCMKTS:GTBIF opened at $10.06 on Friday. Green Thumb Industries has a twelve month low of $7.37 and a twelve month high of $25.03. The company’s 50 day moving average is $9.02 and its 200 day moving average is $11.70.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures and sells various cannabis products in the United States. The company's cannabis products include flower, concentrates for dabbing and vaporizing, edibles, and topical. It owns and operates a chain of retail cannabis stores under the RISE name. The company markets its products through third party retailers.

Recommended Story: How to read a candlestick chart

Analyst Recommendations for Green Thumb Industries (OTCMKTS:GTBIF)

Receive News & Ratings for Green Thumb Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Thumb Industries and related companies with MarketBeat.com's FREE daily email newsletter.