Wall Street is neutral on Sundial Growers Inc (SNDL). On average, analysts give Sundial Growers Inc a Sell rating. The average price target is $2.833, which means analysts expect the stock to add by 415.09% over the next twelve months.
That average ranking earns Sundial Growers Inc an Analyst Rating of 6, which is better than 6% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Sundial Growers Inc Stock Today?
Sundial Growers Inc (SNDL) stock is down -2.97% while the S&P 500 is up 0.03% as of 2:25 PM on Friday, Aug 7. SNDL is down -$0.02 from the previous closing price of $0.57 on volume of 1,475,387 shares. Over the past year the S&P 500 is higher by 14.02% while SNDL is down -95.53%. SNDL lost -$1.91 per share the over the last 12 months.
