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How Does Canopy Growth Corp (CGC) Stock Rank on Wall Street Monday?

Monday, May 02, 2022 01:21 PM | InvestorsObserver Analysts

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How Does Canopy Growth Corp (CGC) Stock Rank on Wall Street Monday?

InvestorsObserver is giving Canopy Growth Corp (CGC) an Analyst Rating Rank of 2, meaning CGC is ranked higher by analysts than 2% of stocks. The average price target for CGC is $9.977 and analyst’s rate the stock as a Hold.

Overall Score - 2.5
Wall Street analysts are rating CGC a Hold today. Find out what this means to you and get the rest of the rankings on CGC!

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 Canopy Growth Corp Stock Today?

Canopy Growth Corp (CGC) stock has risen 2.44% while the S&P 500 is lower by -0.6% as of 1:15 PM on Monday, May 2. CGC has gained $0.14 from the previous closing price of $5.71 on volume of 2,638,815 shares. Over the past year the S&P 500 is lower by -2.04% while CGC is lower by -77.12%. CGC lost -$1.79 per share the over the last 12 months. Click Here to get the full Stock Report for Canopy Growth Corp stock.

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