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Cannabis Stock Drops 1.18% Wednesday; What Do Analysts Think The Future Is For Sundial Growers Inc (SNDL)?

Wednesday, August 11, 2021 02:35 PM | InvestorsObserver Analysts
Cannabis Stock Drops 1.18% Wednesday; What Do Analysts Think The Future Is For Sundial Growers Inc (SNDL)?

SNDL stock is lower by 1.18% Wednesday as the cannabis stock decreases $0.01 and underperforms the market. InvestorsObserver is giving Sundial Growers Inc (SNDL) an Analyst Rating Rank of 1, meaning SNDL is ranked higher by analysts than 1% of stocks. The average price target for SNDL is $0.733 and analyst’s rate the stock as a Hold.

Overall Score - 2.3
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?

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 Sundial Growers Inc Stock Today?

Sundial Growers Inc (SNDL) stock is down -1.18% while the S&P 500 is up 0.15% as of 2:32 PM on Wednesday, Aug 11. SNDL has fallen -$0.01 from the previous closing price of $0.82 on volume of 46,809,555 shares. Over the past year the S&P 500 has gained 33.28% while SNDL is up 47.27%. SNDL lost -$0.90 per share the over the last 12 months. Click Here to get the full Stock Report for Sundial Growers Inc stock.

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