Aurora Cannabis Stock Target Price and Analyst Consensus
ACB Stock | USD 4.30 0.06 1.42% |
The current analyst and expert consensus on Aurora Cannabis is Buy with 4 hold recommendations. The current projected Aurora Cannabis target price consensus is 2.85 with 5 analyst opinions. One of the most common ways Aurora Cannabis analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Aurora Cannabis vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Aurora Cannabis. We strongly encourage you to use your own analysis of Aurora Cannabis to validate this buy or sell advice. Aurora Cannabis recommendation module provides expert sentiment on the projected Aurora Cannabis target price to derive its highest and lowest estimates based on target price standard deviation of 3.7274.
Lowest Forecast 2.59 | Highest Forecast 3.16 | Target Price 2.85 |
Aurora |
It's important to approach Aurora Cannabis' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Aurora Cannabis price targets
Aurora Cannabis' stock target price is an estimate of its future price, usually made by analysts. Using Aurora Cannabis' target price to determine if it is a suitable investment can be done through the following steps:- Look at Aurora Cannabis' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Aurora Cannabis' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Aurora Cannabis Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Aurora Cannabis is a key component of Aurora Cannabis valuation and have some predictive power on the future returns of a Aurora Cannabis.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aurora Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Macroaxis Advice on Aurora Cannabis to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, the presentation of Aurora Cannabis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Aurora Cannabis' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Aurora Cannabis' management manipulating its earnings.