Cannabis stock Tilray Inc is lower by 4.6% Monday. Wall Street is positive on Tilray Inc (TLRY). On average, analysts give Tilray Inc a Buy rating. The average price target is $6.326, which means analysts expect the stock to rise by 77.20% over the next twelve months.
That average ranking earns Tilray Inc an Analyst Rating of 13, which is better than 13% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating TLRY a Buy today. Find out what this means to you and get the rest of the rankings on TLRY!
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 Tilray Inc Stock Today?
Tilray Inc (TLRY) stock is trading at $3.57 as of 9:50 AM on Monday, Aug 22, a decline of -$0.17, or -4.6% from the previous closing price of $3.74. The stock has traded between $3.54 and $3.66 so far today. Volume today is below average. So far 1,832,998 shares have traded compared to average volume of 32,277,562 shares.
Click Here to get the full Stock Report for Tilray Inc stock.
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