Cannabis Stock Surges 0.86% Thursday; What Do Analysts Think The Future Is For Tilray Inc (TLRY)?

Thursday, September 09, 2021 02:02 PM | InvestorsObserver Analysts

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Cannabis stock Tilray Inc is higher by 0.86% Thursday. Analysts who follow Tilray Inc (TLRY) on average expect it to add 44.59% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating TLRY a Buy today. Find out what this means to you and get the rest of the rankings on TLRY!
See Full TLRY Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Tilray Inc Stock Today?

Tilray Inc (TLRY) stock is up 0.86% while the S&P 500 is lower by -0.34% as of 2:01 PM on Thursday, Sep 9. TLRY has risen $0.11 from the previous closing price of $12.80 on volume of 9,339,916 shares. Over the past year the S&P 500 has gained 32.35% while TLRY has risen 128.50%. TLRY lost -$1.36 per share the over the last 12 months. Click Here to get the full Stock Report for Tilray Inc stock.

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