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Cannabis Stock Surges 2.88% Thursday; What Do Analysts Think The Future Is For Aurora Cannabis Inc (ACB)?

Thursday, July 07, 2022 01:31 PM | InvestorsObserver Analysts

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Cannabis Stock Surges 2.88% Thursday; What Do Analysts Think The Future Is For Aurora Cannabis Inc (ACB)?

Cannabis stock Aurora Cannabis Inc is higher by 2.88% Thursday. Wall Street is positive on Aurora Cannabis Inc (ACB). On average, analysts give ACB a Hold rating. The average price target is $3.295, which means analysts expect the stock to climb by 130.42% over the next twelve months. That average ranking earns ACB an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating ACB a Hold 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 $1.43 as of 1:19 PM on Thursday, Jul 7, a rise of $0.04, or 2.88% from the previous closing price of $1.39. The stock has traded between $1.36 and $1.45 so far today. Volume today is less active than usual. So far 4,485,514 shares have traded compared to average volume of 13,938,395 shares. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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