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Aurora Cannabis Inc (ACB) Rises Monday, But Analysts Call It A Buy: Will This Pot Stock Take Off?

Monday, April 01, 2024 01:17 PM | InvestorsObserver Analysts

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Aurora Cannabis Inc (ACB) Rises Monday, But Analysts Call It A Buy: Will This Pot Stock Take Off?

Aurora Cannabis Inc (ACB) stock is higher by -3.64% Monday as the pot stock increases $0.16 and outperforms the market. InvestorsObserver is giving Aurora Cannabis Inc (ACB) an Analyst Rating Rank of 16, meaning ACB is ranked higher by analysts than 16% of stocks. The average price target for ACB is $5.76 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
Wall Street analysts are rating ACB a Buy today. Find out what this means to you and get the rest of the rankings on ACB!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Aurora Cannabis Inc Stock Today?

Aurora Cannabis Inc (ACB) stock is trading at $4.23 as of 1:15 PM on Monday, Apr 1, a loss of -$0.16, or -3.64% from the previous closing price of $4.39. The stock has traded between $4.15 and $4.39 so far today. Volume today is 2,765,794 compared to average volume of 3,096,876. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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