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Analyst Rating: Will Cronos Group Inc (CRON) Stock Beat the Market?

Monday, November 27, 2023 12:16 PM | InvestorsObserver Analysts

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Analyst Rating: Will Cronos Group Inc (CRON) Stock Beat the Market?

InvestorsObserver is giving Cronos Group Inc (CRON) an Analyst Rating Rank of 23, meaning CRON is ranked higher by analysts than 23% of stocks. The average price target for CRON is $2.535 and analyst’s rate the stock as a Buy.

Overall Score - 3.6
Wall Street analysts are rating CRON a Buy today. Find out what this means to you and get the rest of the rankings on CRON!

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 $2.00 as of 12:04 PM on Monday, Nov 27, a decline of -$0.05, or -2.68% from the previous closing price of $2.05. The stock has traded between $1.99 and $2.06 so far today. Volume today is less active than usual. So far 373,965 shares have traded compared to average volume of 1,680,239 shares. Click Here to get the full Stock Report for Cronos Group Inc stock.

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