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Sundial Growers Inc (SNDL) Falls Wednesday, But Analysts Are Neutral: Will This Cannabis Stock Take Off?

Wednesday, October 06, 2021 01:21 PM | InvestorsObserver Analysts
Sundial Growers Inc (SNDL) Falls Wednesday, But Analysts Are Neutral: Will This Cannabis Stock Take Off?

SNDL stock is lower by 1.72% Wednesday as the cannabis stock decreases $0.01 and underperforms the market. Analysts who follow Sundial Growers Inc (SNDL) on average expect it to add 16.35% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Sundial Growers Inc an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

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?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Sundial Growers Inc Stock Today?

Sundial Growers Inc (SNDL) stock is trading at $0.63 as of 1:20 PM on Wednesday, Oct 6, a decline of -$0.01, or -1.72% from the previous closing price of $0.64. The stock has traded between $0.61 and $0.64 so far today. Volume today is light. So far 45,166,225 shares have traded compared to average volume of 75,452,811 shares. Click Here to get the full Stock Report for Sundial Growers Inc stock.

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