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

Thursday, May 05, 2022 03:16 PM | InvestorsObserver Analysts

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

SNDL stock is lower by 6.96% Thursday as the pot stock decreases $0.03 and underperforms the market. InvestorsObserver is giving Sundial Growers Inc (SNDL) an Analyst Rating Rank of 4, meaning SNDL is ranked higher by analysts than 4% of stocks. The average price target for SNDL is $0.89 and analyst’s rate the stock as a Hold.

Overall Score - 3
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 is trading at $0.46 as of 3:16 PM on Thursday, May 5, a decline of -$0.03, or -6.96% from the previous closing price of $0.50. The stock has traded between $0.46 and $0.49 so far today. Volume today is light. So far 55,562,955 shares have traded compared to average volume of 131,182,438 shares. Click Here to get the full Stock Report for Sundial Growers Inc stock.

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