Aurora Cannabis (TSE:ACB) had its target price lowered by equities researchers at Desjardins from C$16.50 to C$14.00 in a research report issued on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective would suggest a potential upside of 77.44% from the stock’s current price.
Shares of TSE ACB traded up C$0.14 during mid-day trading on Friday, reaching C$7.89. 4,048,249 shares of the company were exchanged, compared to its average volume of 9,950,801. The company has a quick ratio of 1.80, a current ratio of 2.37 and a debt-to-equity ratio of 14.55. The stock has a market cap of $7.86 billion and a price-to-earnings ratio of -31.27. Aurora Cannabis has a 1 year low of C$6.21 and a 1 year high of C$16.24. The firm has a 50-day moving average of C$8.04 and a 200 day moving average of C$10.21.
About Aurora Cannabis
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