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Analysts Are Bullish On This Cannabis Stock, Should You Roll With Aurora Cannabis Inc (ACB) Monday?

Monday, September 25, 2023 11:43 AM | InvestorsObserver Analysts

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Analysts Are Bullish On This Cannabis Stock, Should You Roll With Aurora Cannabis Inc (ACB) Monday?

Aurora Cannabis Inc (ACB), a player in the cannabis market, is higher by 4.53% Monday as it outperforms the market as a whole. Analysts who follow Aurora Cannabis Inc (ACB) on average expect it to climb 30.00% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Aurora Cannabis Inc an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating ACB a Hold today. Find out what this means to you and get the rest of the rankings on ACB!

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 Aurora Cannabis Inc Stock Today?

Aurora Cannabis Inc (ACB) stock is trading at $0.79 as of 11:39 AM on Monday, Sep 25, a gain of $0.03, or 4.53% from the previous closing price of $0.75. The stock has traded between $0.73 and $0.82 so far today. Volume today is low. So far 12,661,121 shares have traded compared to average volume of 35,334,555 shares. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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