Do Analysts Agree Thursday on Cronos Group Inc (CRON) Stock's Target Price?

Thursday, October 14, 2021 02:23 PM | InvestorsObserver Analysts

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Wall Street is neutral on Cronos Group Inc (CRON). On average, analysts give Cronos Group Inc a Hold rating. The average price target is $8.255, which means analysts expect the stock to climb by 44.82% over the next twelve months. That average ranking earns Cronos Group Inc an Analyst Rating of 3, which is better than 3% of stocks based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Cronos Group Inc Stock Today?

Cronos Group Inc (CRON) stock is trading at $5.70 as of 2:18 PM on Thursday, Oct 14, a rise of $0.26, or 4.69% from the previous closing price of $5.44. The stock has traded between $5.48 and $5.72 so far today. Volume today is 1,798,840 compared to average volume of 1,698,226. Click Here to get the full Stock Report for Cronos Group Inc stock.

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