Canaccord Genuity analyst Shaan Mir maintained a Hold rating on Sundial Growers (NASDAQ:SNDL) on Thursday, setting a price target of $0.7, which is approximately 6.67% below the present share price of $0.75.
Mir expects Sundial Growers to post earnings per share (EPS) of -$0.09 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Sundial Growers, with an average price target of $0.75.
The analysts price targets range from a high of $0.8 to a low of $0.7.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $9.89 million and a net profit of -$14.06 million. The company's market cap is $1.4 billion.
According to TipRanks.com, Canaccord Genuity analyst Shaan Mir is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 10.1% and a 36.36% success rate.
Sundial Growers, Inc. produces, distributes, and sells cannabis. It intends to target the premium segment of the adult-use cannabis market. The company was founded by Stanley J. Swiatek and is headquartered in Calgary, Canada.