tiprankstipranks
Blurbs

Aurora Cannabis (ACB) Gets a Hold Rating from Piper Sandler

Piper Sandler analyst Michael Lavery reiterated a Hold rating on Aurora Cannabis (ACBResearch Report) yesterday and set a price target of C$7.00. The company’s shares closed last Friday at $4.49, close to its 52-week low of $3.71.

According to TipRanks.com, Lavery is a 3-star analyst with an average return of 1.8% and a 48.8% success rate. Lavery covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Vita Coco Company, and General Mills.

Aurora Cannabis has an analyst consensus of Moderate Sell, with a price target consensus of $5.18, implying a 15.6% upside from current levels. In a report released yesterday, Cowen & Co. also maintained a Hold rating on the stock with a C$7.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $18.98 and a one-year low of $3.71. Currently, Aurora Cannabis has an average volume of 5.92M.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACB in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed