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

Monday, June 13, 2022 10:41 AM | InvestorsObserver Analysts

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

Pot stock Aurora Cannabis Inc is lower by 12.62% Monday. Wall Street is neutral on Aurora Cannabis Inc (ACB). On average, analysts give ACB a Hold rating. The average price target is $3.285, which means analysts expect the stock to rise by 169.26% over the next twelve months. That average ranking earns ACB an Analyst Rating of 3, which is better than 3% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.7
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?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Aurora Cannabis Inc Stock Today?

Aurora Cannabis Inc (ACB) stock is trading at $1.22 as of 10:32 AM on Monday, Jun 13, a drop of -$0.18, or -12.62% from the previous closing price of $1.40. The stock has traded between $1.21 and $1.35 so far today. Volume today is low. So far 3,435,697 shares have traded compared to average volume of 12,649,341 shares. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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