In a report released yesterday, Owen Bennett from Jefferies maintained a Hold rating on Aurora Cannabis (ACB – Research Report), with a price target of C$0.61. The company’s shares closed last Friday at $0.48.
Bennett covers the Healthcare sector, focusing on stocks such as OrganiGram Holdings, Aurora Cannabis, and Cronos Group. According to TipRanks, Bennett has an average return of -10.7% and a 31.90% success rate on recommended stocks.
Aurora Cannabis has an analyst consensus of Hold, with a price target consensus of $0.65.
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ACB market cap is currently $210M and has a P/E ratio of 0.60.
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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.
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- Republican Rep. to introduce cannabis legalization bill, Forbes says
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