Canopy Growth (CGC)
(Delayed Data from NSDQ)
$4.41 USD
-0.41 (-8.51%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $4.42 +0.01 (0.23%) 7:58 PM ET
3-Hold of 5 3
F Value C Growth D Momentum F VGM
Canopy Growth Corporation (CGC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$5.80 | $13.10 | $2.00 | 20.33% |
Price Target
Based on short-term price targets offered by nine analysts, the average price target for Canopy Growth Corporation comes to $5.80. The forecasts range from a low of $2.00 to a high of $13.10. The average price target represents an increase of 20.33% from the last closing price of $4.82.
Analyst Price Targets (9 )
Broker Rating
Canopy Growth Corporation currently has an average brokerage recommendation (ABR) of 3.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 3.50 a month ago based on 10 recommendations.
Of the nine recommendations deriving the current ABR, one is Strong Buy, representing 11.11% of all recommendations. A month ago, Strong Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 5 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 3 | 3 | 3 | 4 | 4 |
ABR | 3.56 | 3.56 | 3.50 | 3.64 | 3.64 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/12/2024 | Canaccord Genuity | Matt Bottomley | Strong Sell | Strong Sell |
7/9/2024 | Piper Sandler | Michael S Lavery | Strong Sell | Strong Sell |
6/18/2024 | ATB Capital Markets | Frederico Gomes | Hold | Hold |
6/4/2024 | Alliance Global Partners | Aaron Grey | Hold | Hold |
6/3/2024 | BMO Capital Markets | Tamy Chen | Hold | Hold |
5/31/2024 | CIBC World Markets Corp. | John Zamparo | Strong Sell | Strong Sell |
5/31/2024 | Roth Capital Partners | William Kirk | Strong Buy | Strong Buy |
1/31/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.56 |
ABR (Last week) | 3.56 |
# of Recs in ABR | 9 |
Average Target Price | $5.80 |
LT Growth Rate | 49.80% |
Industry | Medical - Products |
Industry Rank by ABR | 68 of 253 |
Current Quarter EPS Est: | -0.35 |
CGC FAQs
Canopy Growth Corporation (CGC) currently has an average brokerage recommendation (ABR) of 3.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 9 brokerage firms.
The average price target for Canopy Growth Corporation (CGC) is $5.80. The current on short-term price targets is based on 2 reports.
The forecasts for Canopy Growth Corporation (CGC) range from a low of $2 to a high of $13.1. The average price target represents a increase of $31.52 from the last closing price of $4.41.
The current UPSIDE for Canopy Growth Corporation (CGC) is 31.52%
Based on short-term price targets offered by nine analysts, the average price target for Canopy Growth Corporation comes to $5.80. The forecasts range from a low of $2.00 to a high of $13.10. The average price target represents an increase of 20.33% from the last closing price of $4.82.