Curaleaf still on the BEST IDEA LIST according to GMP analysts

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In a note from January 07, 2020, the GMP analysts maintain CURALEAF in their BEST IDEA LIST.

We beleive the company’s highly strategic platform, industry-leading cash balance, strong M&A aptitude, and attractive valuation should drive a solid 2020 performance.

According to the analysts, Curaleaf is well positioned to lead the recreational market in MA and has a solid platform to capitalize on recreational in IL.

Analysts give a BUY rating with a target of $ 24.00

Analysts estimate that CURA currently has approximately $ 270M in cash which puts them far ahead of the competition.

Analysts give a BUY rating with a target of $ 24.00 to Curaleaf based on a multiple of 27.5X on the 2020 EBITDA target of $ 370M.

Consult the GMP report for more info

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