Jefferies Financial Group Boosts Cronos Group (TSE:CRON) Price Target to C$3.54

Cronos Group (TSE:CRON - Free Report) had its price objective hoisted by Jefferies Financial Group from C$3.23 to C$3.54 in a report published on Friday, BayStreet.CA reports.

Separately, Sanford C. Bernstein lowered their price target on shares of Cronos Group from C$2.84 to C$2.82 and set a market perform rating on the stock in a research report on Tuesday, January 30th.

Cronos Group Stock Performance

CRON traded down C$0.15 during midday trading on Friday, reaching C$3.99. The company had a trading volume of 398,692 shares, compared to its average volume of 228,715. The company has a debt-to-equity ratio of 0.21, a quick ratio of 24.01 and a current ratio of 28.19. The stock has a market cap of C$1.52 billion, a PE ratio of -20.84, a P/E/G ratio of 0.12 and a beta of 1.12. Cronos Group has a 12-month low of C$2.15 and a 12-month high of C$4.28. The business has a 50-day moving average price of C$3.46 and a two-hundred day moving average price of C$3.00.

About Cronos Group

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.