Canopy Growth Corporation (CGC) Social Stream



Canopy Growth Corporation (CGC): $3.30

0.15 (+4.76%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Canopy Growth Corp (CGC) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CGC.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-09 13 $29.05 $9.63 $16.925 $7.37 129.65%
2021-11-17 13 $29.05 $9.63 $15.961 $7.37 116.57%
2021-11-19 14 $29.05 $9.63 $15.661 $7.37 112.5%
2021-11-29 14 $29.05 $9.63 $14.797 $7.37 100.77%
2021-12-15 15 $29.05 $8 $14.042 $7.37 90.53%
2021-12-20 15 $29.05 $8 $14.042 $7.37 90.53%
2021-12-21 15 $29.05 $7 $13.597 $7.37 84.49%
2021-12-22 15 $29.05 $7 $12.797 $7.37 73.64%
2022-01-11 15 $29.05 $7 $12.15 $7.37 64.86%
2022-02-09 15 $29.05 $6.32 $11.165 $7.37 51.49%
2022-02-10 15 $29.05 $5.92 $11.59 $7.37 57.26%
2022-02-11 14 $29.05 $5.92 $10.778 $7.37 46.24%
2022-02-18 14 $29.05 $5.92 $10.898 $7.37 47.87%
2022-03-07 14 $29.05 $5.92 $10.205 $7.37 38.47%
2022-03-31 14 $29.05 $5.92 $10.094 $7.37 36.96%

The Trend in the Analyst Price Target


CGC's average price target has moved down $18.53 over the prior 40 weeks.

CGC reports an average of 38.41% for its upside potential over the past 51 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-05-08 7 36.55522 23.38515 29.12165 25.26 15.29%
2021-07-17 9 35.61296 22.78238 27.37738 19.58 39.82%
2021-09-04 8 34.05799 19.09983 24.45062 16.97 44.08%
2021-12-15 15 29.05000 8.00000 14.04200 9.27 51.48%
2022-03-31 14 29.05000 5.92000 10.09400 7.58 33.17%

CGC Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3.5 1 0 8 4 4 14

The Trend in the Broker Recommendations


CGC's average broker recommendation rating worsened by 1.23 over the prior 24 months.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CGC as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, Canopy Growth Corp's variance in analysts' estimates is lower than -1373.99% of them.
  • In terms of how Canopy Growth Corp fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 70.92% of that group.
  • To contextualize these metrics, consider that out of Pharmaceutical Products stocks, Canopy Growth Corp's number of analysts covering the stock is greater than 1369.31% of them.
  • Canopy Growth Corp's upside potential (average analyst target price relative to current price) is higher than 1246.97% of stocks in the large market cap category.

Stocks similar to Canopy Growth Corp in the Pharmaceutical Products industry regarding analyst recommendations and price targets are QDEL, NTLA, and IDXX.

Is CGC a Buy, Hold or Sell? See the POWR Ratings now!


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