InvestorsObserver
×
News Home

Analysts Are Neutral On This Cannabis Stock, Should You Roll With Sundial Growers Inc (SNDL) Monday?

Monday, October 18, 2021 02:09 PM | InvestorsObserver Analysts

Mentioned in this article

Analysts Are Neutral On This Cannabis Stock, Should You Roll With Sundial Growers Inc (SNDL) Monday?

SNDL stock is lower by 1.17% Monday as the cannabis stock decreases $0.01 and underperforms the market. Wall Street is neutral on Sundial Growers Inc (SNDL). On average, analysts give Sundial Growers Inc a Hold rating. The average price target is $0.733, which means analysts expect the stock to increase by 12.77% over the next twelve months. That average ranking earns Sundial Growers Inc an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.2
Wall Street analysts are rating SNDL a Hold today. Find out what this means to you and get the rest of the rankings on SNDL!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Sundial Growers Inc Stock Today?

Sundial Growers Inc (SNDL) stock has fallen -1.17% while the S&P 500 has risen 0.19% as of 2:09 PM on Monday, Oct 18. SNDL has fallen -$0.01 from the previous closing price of $0.66 on volume of 45,254,547 shares. Over the past year the S&P 500 is higher by 30.72% while SNDL has risen 242.11%. SNDL lost -$0.61 per share the over the last 12 months. Click Here to get the full Stock Report for Sundial Growers Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App