uploads///Aurora Cannabis Analysts NTM Recommendations and Targets

Ratings and Price Target Changes for Aurora Cannabis in April

By

Apr. 13 2018, Updated 8:52 a.m. ET

Aurora Cannabis

Aurora Cannabis (ACB) (ACBFF) has had a disappointing run so far this year, with the stock falling 32% YTD (year-to-date) to close at $8 Canadian on April 12, 2018. The current analyst ratings have changed to show that analysts are less bullish on the stock compared to the update in March. YTD, Horizons Marijuana Life Science ETF (HMMJ) has fallen 10.4%. Let’s look now at Aurora Cannabis’s ratings.

Article continues below advertisement

Aurora Cannabis: Rating changes

As of April 12, 2018, the consensus mean rating for Aurora Cannabis is 2.3 with an overall “buy” recommendation. The rating increased from 1.8 in March. An increase in rating indicates a bearishness for the stock.

In March, two analysts recommended a “strong buy” for the stock, and now there is only one with that rating. Two analysts now have “hold” recommendations compared to one in March. One analyst continues to have a “buy” recommendation in April.

Price target

The current consensus mean price target for Aurora Cannabis is $10.80 Canadian for the next 12-month period, which is higher than $8.75 Canadian in March. The median price target is also $10.80 Canadian, an increase from $9.20 Canadian in March.

Next, we’ll look at MedReleaf (MEDFF).

Advertisement

More From Market Realist

  • Angels and Tomboys creators Mallory Iyana and Madison Star
    Miscellaneous
    'Shark Tank' Angels and Tomboys—e-Commerce to Brick-and-Mortar
  • David and Joanna Parker of Yumble
    Miscellaneous
    Meal Subscription Service Yumble Didn’t Tumble After ‘Shark Tank’
  • People looking at data on a laptop
    Miscellaneous
    Best Penny Stocks for Investors to Buy Below $5
  • Amish men and children in a buggy
    Miscellaneous
    Yes, Amish and Mennonite Communities Pay Taxes — Here's How
  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.