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Tilray Inc (TLRY) Stock: Buy, Hold, or Sell?

Tuesday, October 13, 2020 11:42 AM | InvestorsObserver Analysts

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Tilray Inc (TLRY) Stock: Buy, Hold, or Sell?

Wall Street is neutral on Tilray Inc (TLRY). On average, analysts give Tilray Inc a Buy rating. The average price target is $7.9, which means analysts expect the stock to rise by 31.89% over the next twelve months.

That average ranking earns Tilray Inc an Analyst Rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.2
Wall Street analysts are rating TLRY a Buy today. Find out what this means to you and get the rest of the rankings on TLRY!

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 attention to and 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 Tilray Inc Stock Today?

Tilray Inc (TLRY) stock is trading at $5.99 as of 11:41 AM on Tuesday, Oct 13, a loss of -$0.31, or -4.92% from the previous closing price of $6.30. The stock has traded between $5.84 and $6.23 so far today. Volume today is less active than usual. So far 4,849,115 shares have traded compared to average volume of 7,008,763 shares.

Click Here to get the full report on Tilray Inc (TLRY) Stock.

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