Lexaria Bioscience (CNSX:LXX) has been given a $3.50 price objective by Fundamental Research in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 116.05% from the stock’s current price.
The analysts wrote, “Fundamental Research Corp has issued a report entitled “Lexaria Bioscience Corp. (OTCQX: LXRP; CSE: LXX) – Additional Licensees and Expanded Intellectual Property Portfolio” and dated August 29, 2018. The full report is now at www.researchfrc.com.
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Shares of CNSX LXX traded down $0.12 during midday trading on Wednesday, hitting $1.62. 184,580 shares of the company’s stock were exchanged, compared to its average volume of 250,001. Lexaria Bioscience has a twelve month low of $0.27 and a twelve month high of $2.54.
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