What’s Next for Canopy Growth Corp (CGC) Stock?

 

Canopy Growth Corp (CGC) stock is higher by 33.27% 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 48 out of a possible 100.

That score is mainly influenced by a fundamental score of 33. In addition to the average rating from Wall Street analysts, CGC stock has a mean target price of $55.59. This means analysts expect the stock to gain 35.39% over the next 12 months. CGC’s score also includes a long-term technical score of 53. The short-term technical score for CGC is 57.

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 up 2.45% while the S&P 500 is higher by 0.77% as of 1:02 PM on Wednesday, Jul 3. CGC is higher by $0.98 from the previous closing price of $40.08 on volume of 9,866,969 shares. Over the past year the S&P 500 is up 9.87% while CGC is higher by 33.27%. CGC lost -$1.79 per share in the over the last 12 months.

Symbols: CGC

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