Equities researchers at Fundamental Research initiated coverage on shares of Alliance Growers C (CNSX:ACG) in a report released on Thursday, September 28th. The brokerage set a “buy” rating and a $0.30 price target on the stock.

The analysts wrote, “Fundamental Research Corp has issued a report entitled “Alliance Growers Corp. (CSE: ACG): Cannabis Company Developing Cutting Edge Production Facility – Initiating Coverage” and dated September 28, 2017. The full report is now at www.researchfrc.com.”

Shares of Alliance Growers C (CNSX:ACG) traded down 0.13% during midday trading on Thursday, reaching $7.91. 2,317,017 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $7.82 and its 200 day moving average price is $7.80. Alliance Growers C has a 1-year low of $7.41 and a 1-year high of $8.05.

TRADEMARK VIOLATION WARNING: This article was first reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/10/05/alliance-growers-c-acg-now-covered-by-analysts-at-fundamental-research.html.

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