In a report released today, Michael Lavery from Piper Sandler maintained a Hold rating on Aurora Cannabis (ACB – Research Report), with a price target of $1.00. The company’s shares opened today at $0.51.
Lavery covers the Consumer Defensive sector, focusing on stocks such as General Mills, Campbell Soup, and Post Holdings. According to TipRanks, Lavery has an average return of 5.0% and a 50.97% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Aurora Cannabis with a $0.81 average price target.
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The company has a one-year high of $1.62 and a one-year low of $0.41. Currently, Aurora Cannabis has an average volume of 21.34M.
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Aurora Cannabis (ACB) Company Description:
Aurora Cannabis, Inc. engages in the production, distribution and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp related food products. The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Edmonton, Canada.
Read More on ACB:
- Aurora Cannabis Announces Fiscal 2024 Second Quarter Results and Delivers Record Positive Adjusted EBITDA
- Aurora Cannabis options imply 15.6% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, November 09, 2023
- Rising High: Exclusive talk with venture capital firm Safe Supply
- Rising High: Exclusive talk with cannabis market research firm BDSA
