Canaccord Genuity analyst Matt Bottomley maintained a Hold rating on Aurora Cannabis (NYSE:ACB) on Monday, setting a price target of C$11, which is approximately 24.58% below the present share price of $11.21.
Bottomley expects Aurora Cannabis to post earnings per share (EPS) of -$18.61 for the fourth quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Hold rating of shares in Aurora Cannabis, with an average price target of $7.12.
The analysts price targets range from a high of $10.76 to a low of $2.77.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $72.11 million and a net profit of -$210.63 million. The company's market cap is $1.8 billion.
According to TipRanks.com, Canaccord Genuity analyst Matt Bottomley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.2% and a 52.05% success rate.
Aurora Cannabis, Inc. engages in the production, distribution and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp related food products. The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Edmonton, Canada.