Analysts Expect Canopy Growth Corp (CGC) Stock to Gain 54.7%

 

Canopy Growth Corp (CGC) stock is down -5.8% Friday and is lower by more than -13% this week. CGC stock has gained 18.01% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives CGC stock a score of 37 out of a possible 100.

That score is mainly influenced by a short-term technical score of 31. CGC’s score also includes a fundamental score of 40. In addition to the average rating from Wall Street analysts, CGC stock has a mean target price of $54.03. This means analysts expect the stock to gain 54.73% over the next 12 months. The long-term technical score for CGC is 41.

Click Here to get the full Stock Score Report on Canopy Growth Corp (CGC).

What’s Happening with CGC Stock Today

Canopy Growth Corp (CGC) stock is down -5.83% while the S&P 500 has gained 0.15% as of 10:37 AM on Friday, Jul 12. CGC is down -$2.16 from the previous closing price of $37.08 on volume of 4,059,656 shares. Over the past year the S&P 500 is up 8.31% while CGC has gained 18.01%. CGC lost -$1.79 per share in the over the last 12 months.

Symbols: CGC

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