Analysts who follow Aurora Cannabis Inc (ACB) on average expect it to climb 30.15% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating puts Aurora Cannabis Inc higher than 6 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Aurora Cannabis Inc Stock Today?
Aurora Cannabis Inc (ACB) stock is trading at $1.36 as of 12:03 PM on Friday, Feb 28, a drop of -$0.10, or -6.55% from the previous closing price of $1.45. The stock has traded between $1.32 and $1.40 so far today. Volume today is light. So far 13,695,876 shares have traded compared to average volume of 31,743,589 shares.