Aurora Cannabis (TSE:ACB) Given New C$4.95 Price Target at Jefferies Financial Group

Aurora Cannabis (TSE:ACBFree Report) had its price objective trimmed by Jefferies Financial Group from C$6.12 to C$4.95 in a research report released on Tuesday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Other analysts have also recently issued research reports about the stock. CIBC lowered their target price on shares of Aurora Cannabis to C$6.00 and set a neutral rating on the stock in a research note on Wednesday, February 21st. Canaccord Genuity Group raised shares of Aurora Cannabis from a hold rating to a buy rating and set a C$0.80 target price on the stock in a research note on Friday, February 9th.

Read Our Latest Analysis on Aurora Cannabis

Aurora Cannabis Stock Up 3.2 %

Shares of ACB opened at C$4.49 on Tuesday. The company has a 50-day simple moving average of C$1.05 and a 200-day simple moving average of C$0.84. The firm has a market capitalization of C$244.88 million, a P/E ratio of -0.06 and a beta of 2.86. The company has a debt-to-equity ratio of 18.51, a quick ratio of 2.48 and a current ratio of 3.79. Aurora Cannabis has a 52 week low of C$4.21 and a 52 week high of C$15.50.

Aurora Cannabis Company Profile

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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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