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Cannabis Stock Surges 1.67% Friday; What Do Analysts Think The Future Is For Tilray Inc (TLRY)?

Friday, November 25, 2022 01:01 PM | InvestorsObserver Analysts

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Cannabis Stock Surges 1.67% Friday; What Do Analysts Think The Future Is For Tilray Inc (TLRY)?

TLRY stock is higher by 1.67% Friday as the cannabis stock increases $0.06 and outperforms the market. Analysts who follow Tilray Inc (TLRY) on average expect it to add 16.64% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Tilray Inc an Analyst Ranking of 13, which means it ranks higher than 13 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.1
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!

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 Tilray Inc Stock Today?

Tilray Inc (TLRY) stock has gained 1.67% while the S&P 500 is down -0.09% as of 12:54 PM on Friday, Nov 25. TLRY has gained $0.06 from the previous closing price of $3.78 on volume of 6,138,780 shares. Over the past year the S&P 500 has fallen -12.43% while TLRY is down -63.67%. TLRY lost -$0.97 per share the over the last 12 months. Click Here to get the full Stock Report for Tilray Inc stock.

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