How High Does Wall Street Think Cronos Group Inc (CRON) Stock Can Go?

Tuesday, November 26, 2019 10:30 AM | InvestorsObserver Analysts

Analysts who follow Cronos Group Inc (CRON) on average expect it to gain 79.28% over the next twelve months. Those same analysts give the stock an average rating of Buy.

That average rating puts Cronos Group Inc higher than 28 of stocks, based on data compiled by InvestorsObserver.

Click Here to get the full report on Cronos Group Inc (CRON) Stock.

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 Cronos Group Inc Stock Today?

Cronos Group Inc (CRON) stock is down -3.04% while the S&P 500 is higher by 0.07% as of 10:27 AM on Tuesday, Nov 26. CRON is lower by -$0.21 from the previous closing price of $6.90 on volume of 1,996,770 shares. Over the past year the S&P 500 is up 17.30% while CRON is lower by -19.69%. CRON lost -$0.02 per share the over the last 12 months.

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