Where Does Wall Street Think IM Cannabis Corp (IMCC) Stock Will Go?

Wall Street is positive on IM Cannabis Corp (IMCC). On average, analysts give IMCC a Buy rating. The average price target is $1, which means analysts expect the stock to gain by 35.14% over the next twelve months. That average ranking earns IMCC an Analyst Rating of 36, which is better than 36% of stocks based on data compiled by InvestorsObserver.

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

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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 IM Cannabis Corp Stock Today?

IM Cannabis Corp (IMCC) stock is trading at $0.74 as of 9:44 AM on Monday, Apr 1, an increase of $0.21, or 39.62% from the previous closing price of $0.53. The stock has traded between $0.56 and $0.75 so far today. Volume today is below average. So far 41,224 shares have traded compared to average volume of 523,019 shares. Click Here to get the full Stock Report for IM Cannabis Corp stock.