Broker recommendations for Aurora Cannabis
The Aurora Cannabis, Inc. stock is rated at 1.973684 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Wednesday 22 July, 2020 by a total of 19 brokers. This means that the consensus of the 19 different brokers is leaning toward to hold.
3 (15.79%) Underweight
0 (0%) Hold
12 (63.16%) Overweight
1 (5.26%) Buy
Price target by analysts
The 16 latest analyst estimates, per Thursday 6 August, 2020, show the following high, low and average price targets.
Target Average: 12.36 USD
Target High: 21.4 USD
Target Low: 6.77 USD
Cannabis Movers & Shakers: Mattio, OMMA, Illinois, Stability Cannabis, Item 9 Labs
Tuesday, 11 August 2020, 17:56:02
Here comes another Tuesday, with the latest updates in the cannabis industry. Mattio Communications Taps Aurora Vet Rob Kelly Leading marketing firm Mattio Communications has added former investor relations exec Rob Kelly to its team. Mattio CEO and founder Rosie Mattio cited Kelly’s “impressive background” and how “he was instrumental in builing and executing a comprehensive IR program” for Aurora Cannabis Inc. (NYSE: ACB ). Kelly was at Aurora for two years before jumping to Mattio. “He has been an extraordinary addition to our team and I’m excited to be building our IR offering, together,” Mattio said. Kelly Williams Becomes OMMA’s New Interim Director Oklahoma Medical Marijuana Authority deputy director Kelly Williams will replace Travis Kirkpatrick as interim director. According to the Marijana Business Daily , the state’s cannabis regulatory agency appointed Kirkpatrick in January, after spending three months as interim director. Kirkpatrick will supervise the OMMA from his new position of deputy commissioner of prevention and preparedness at the Oklahoma State Department of Health.
Is Aurora Cannabis (TSX:ACB) Poised for a Stunning Rebound?
Sunday, 9 August 2020, 17:30:41
Aurora Cannabis (TSX:ACB)(NYSE:ACB) is trading for less than half its book value. If the company survives and recovers beyond this crisis, the upside could be over 162%. The post Is Aurora Cannabis (TSX:ACB) Poised for a Stunning Rebound? appeared first on The Motley Fool Canada .
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Will Cannabis Entrepreneurs Switch to Psychedelics?
Saturday, 1 August 2020, 16:33:05
The psychedelics space is heating up, and major players have taken notice. The market is bolstered by a growing number of decriminalization movements across the United States, as well as an increasing number of market participants, including names like Champignon Brands (CSE: SHRM), Hollister Biosciences (CSE: HOLL) and Revive Therapeutics (CSE: RVV). Cannabis companies are joining the market , as are notable leaders from the marijuana space. Notable names include former Canopy Growth Corp (NYSE: CGC ) CEO Bruce Linton, now a director for Toronto’s Mind Medicine (MindMed) Inc (OTCMKTS: MMEDF) and chairman of the advisory board for Red Light Holland (CNSX: TRIP), a brand focused on truffles. In June 2020, Aurora Cannabis (NYSE: ACB ) co-founder Terry Booth left his cannabis venture. In doing so, Booth has shifted attention towards psychedelics, investing in Red Light Holland. Booth also joined Psyched Wellness Corp.’s board in May 2020. What’s the Appeal of Psychedelics? Those who spoke to Benzinga for this article believe that the interest in the emerging space stems from creating a medical impact as well as cannabis regulatory frustrations.
Top 3 TSX Stocks Robinhood Investors Are Holding
Thursday, 30 July 2020, 15:04:53
Robinhood investors are continuing to hold Canadian cannabis stocks like Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) despite the cooling of the industry. The post Top 3 TSX Stocks Robinhood Investors Are Holding appeared first on The Motley Fool Canada .
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Cannabis Stock Gainers And Losers From July 28, 2020
Tuesday, 28 July 2020, 23:11:25
Gainers Canopy Growth (NYSE: CGC ) shares closed up 14.86% at $19.48 MGC Pharmaceuticals (OTC: MGCLF ) shares closed up 14.29% at $0.04 INNER SPIRIT HOLDINGS ORD (OTC: INSHF ) shares closed up 12.14% at $0.11 Green Organic Dutchman (OTC: TGODF ) shares closed up 11.09% at $0.33 Tilray (NASDAQ: TLRY ) shares closed up 10.18% at $8.12 Acreage Holdings (OTC: ACRGF ) shares closed up 9.67% at $3.00 Elixinol Global (OTC: ELLXF ) shares closed up 9.62% at $0.14 Lexaria Bioscience (OTC: LXRP ) shares closed up 9.53% at $0.42 Aleafia Health (OTC: ALEAF ) shares closed up 9.21% at $0.52 Aurora Cannabis (NYSE: ACB ) shares closed up 9.13% at $11.65 Cansortium (OTC: … Full story available on Benzinga.com