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Pot Stock Sundial Growers Inc (SNDL) Surges 1.16% Thursday; Analysts Are Neutral, Are They Wrong?

Thursday, October 28, 2021 02:16 PM | InvestorsObserver Analysts
Pot Stock Sundial Growers Inc (SNDL) Surges 1.16% Thursday; Analysts Are Neutral, Are They Wrong?

Pot stock SNDL is in the clouds Thursday, increasing 1.16%. InvestorsObserver is giving Sundial Growers Inc (SNDL) an Analyst Rating Rank of 1, meaning SNDL is ranked higher by analysts than 1% of stocks. The average price target for SNDL is $0.733 and analyst’s rate the stock as a Hold.

Overall Score - 2.2
Wall Street analysts are rating SNDL a Hold today. Find out what this means to you and get the rest of the rankings on SNDL!

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 Sundial Growers Inc Stock Today?

Sundial Growers Inc (SNDL) stock is trading at $0.66 as of 2:16 PM on Thursday, Oct 28, a rise of $0.01, or 1.16% from the previous closing price of $0.65. The stock has traded between $0.65 and $0.67 so far today. Volume today is low. So far 44,853,565 shares have traded compared to average volume of 90,831,706 shares. Click Here to get the full Stock Report for Sundial Growers Inc stock.

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