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

Wednesday, July 28, 2021 10:43 AM | InvestorsObserver Analysts
Analysts Are Neutral On This Pot Stock, Should You Roll With Aurora Cannabis Inc (ACB) Wednesday?

ACB, a player in the cannabis market, is higher by 7.02% Wednesday as it outperforms the market as a whole. Analysts who follow Aurora Cannabis Inc (ACB) on average expect it to gain 8.83% over the next twelve months. Those same analysts give the stock an average rating of Sell. That average rating earns ACB an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 1.9000001
Wall Street analysts are rating ACB a Sell 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 $7.32 as of 10:42 AM on Wednesday, Jul 28, an increase of $0.48, or 7.02% from the previous closing price of $6.84. The stock has traded between $6.98 and $7.55 so far today. Volume today is 4,605,903 compared to average volume of 4,147,251. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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