News Home

Analysts Are Bullish On This Cannabis Stock, Should You Roll With Tilray Inc (TLRY) Thursday?

Thursday, August 11, 2022 10:19 AM | InvestorsObserver Analysts
Analysts Are Bullish On This Cannabis Stock, Should You Roll With Tilray Inc (TLRY) Thursday?

TLRY, a player in the cannabis market, is higher by 3.82% Thursday as it outperforms the market as a whole. InvestorsObserver is giving Tilray Inc (TLRY) an Analyst Rating Rank of 13, meaning TLRY is ranked higher by analysts than 13% of stocks. The average price target for TLRY is $6.326 and analyst’s rate the stock as a Buy.

Overall Score - 3.2
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!

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 Tilray Inc Stock Today?

Tilray Inc (TLRY) stock is trading at $4.22 as of 10:08 AM on Thursday, Aug 11, a gain of $0.16, or 3.82% from the previous closing price of $4.06. The stock has traded between $4.10 and $4.27 so far today. Volume today is less active than usual. So far 4,931,827 shares have traded compared to average volume of 29,261,075 shares. Click Here to get the full Stock Report for Tilray Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App