High Tide Inc. (HITI) currently has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy, based on four recommendations from brokerage firms. All four analysts rated the stock as a Strong Buy, representing 100% of the recommendations.
The Zacks Consensus Estimate for High Tide’s earnings has increased 23.8% over the past month, leading to a Zacks Rank of #2 (Buy). Analysts indicate that this growing optimism around earnings prospects may lead to a significant stock price increase in the near future.
It is noted that brokerage recommendations often carry a positive bias, which investors should consider along with other analytical tools like the Zacks Rank for more informed decision-making.
