UC Asset Rated "Buy" by Independent Analyst with Target Price at $4.00 per Share
27 Abril 2023 - 11:21AM
InvestorsHub Cannabis NewsWire
Atlanta, GA -- April 27, 2023 -- InvestorsHub NewsWire --
Independent stock research firm, Litchfield Hills Research LLC,
released its initial analysis report on UC Asset LP (OTCQB:
UCASU), which rates UCASU as "Buy", and sets its target price
at $4.00 per share, using its model of discounted future
earnings.
As
of the end of most recent trading day, UCASU's shares were closed
at $1.23 per share.
According to Litchfield Hills Research, its report accurately
reflect their personal views about UC Asset and the underlying
securities. Their report is compliant with FINRA research rules
2241, 3110. The analyst who did research on UC Asset is registered
with FINRA and the report has been reviewed by a Supervisory
Analyst.
Litchfield Hills came out of their research conclusion on the basis
that, among other reasons, UC Asset is rebranding itself while
expanding into cannabis property investments, and UC Asset has 7
years of record of accomplishments in real estate investment.
According to the filings and news releases by the company, UC Asset
is one of the only four SEC-reporting public companies which invest
in cannabis properties. It also has a track record of
profitability, reported $0.12 per share net income for 2021 and
distributed $0.10 per share dividend in 2022.
The research report is accessible to the public on the research
firms' web site: https://www.hillsresearch.com/wp-content/uploads/2023/04/UCASU-Initiation-C.pdf
About UC Asset LP
UC
Asset LP is a limited partnership formed for the purpose of
investing in real estate with innovative strategies. For more
information about UC Asset, please visit: www.ucasset.com
Disclaimer:
This News Release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause our
actual results, performance or achievements, or industry results,
to differ materially from any these statements. You are cautioned
not to place undue reliance on any those forward-looking
statements. Except as otherwise required by the federal securities
laws, we undertake no obligation to publicly update or revise any
forward-looking statements after the date of this news release.
None of such forward-looking statements should be regarded as a
representation by us or any other person that the objectives and
plans set forth in this News Release will be achieved or be
executed.
For More Information Contact: IR@UCasset.com
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