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OrganiGram Holdings Inc (OGI) Stock: Do Analysts Think You Should Accumulate?

Friday, September 30, 2022 03:35 PM | InvestorsObserver Analysts

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OrganiGram Holdings Inc (OGI) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on OrganiGram Holdings Inc (OGI). On average, analysts give OGI a Buy rating. The average price target is $2.026, which means analysts expect the stock to gain by 130.23% over the next twelve months. That average ranking earns OGI an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating OGI a Buy today. Find out what this means to you and get the rest of the rankings on OGI!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With OrganiGram Holdings Inc Stock Today?

OrganiGram Holdings Inc (OGI) stock is trading at $0.88 as of 3:35 PM on Friday, Sep 30, a drop of -$0.02, or -2.75% from the previous closing price of $0.91. The stock has traded between $0.88 and $0.92 so far today. Volume today is below average. So far 432,613 shares have traded compared to average volume of 1,270,067 shares. Click Here to get the full Stock Report for OrganiGram Holdings Inc stock.

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