SNDL, a player in the cannabis market, is higher by 0.68% Friday as it outperforms the market as a whole. Analysts who follow SNDL Inc (SNDL) on average expect it to rise 142.79% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns SNDL an Analyst Ranking of 23, which means it ranks higher than 23 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating SNDL a Buy today. Find out what this means to you and get the rest of the rankings on SNDL!
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 SNDL Inc Stock Today?
SNDL Inc (SNDL) stock is higher by 0.68% while the S&P 500 has fallen -0.8% as of 3:09 PM on Friday, Sep 30. SNDL is up $0.01 from the previous closing price of $2.20 on volume of 1,763,756 shares. Over the past year the S&P 500 is lower by -16.17% while SNDL has fallen -67.26%. SNDL lost -$0.52 per share the over the last 12 months.
Click Here to get the full Stock Report for SNDL Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
