Aurora Cannabis Inc. (TSE:ACB – Get Free Report)’s share price was up 2.2% on Wednesday . The stock traded as high as C$8.44 and last traded at C$8.28. Approximately 957,838 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 1,421,041 shares. The stock had previously closed at C$8.10.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on ACB shares. Jefferies Financial Group cut their price target on Aurora Cannabis from C$6.12 to C$4.95 and set a “hold” rating for the company in a research note on Tuesday, February 27th. CIBC cut their price objective on Aurora Cannabis to C$6.00 and set a “neutral” rating for the company in a research note on Wednesday, February 21st.
View Our Latest Analysis on Aurora Cannabis
Aurora Cannabis Trading Up 2.2 %
About Aurora Cannabis
Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.
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