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Flora Growth (FLGC) Stock Forecast & Price Target

$1.25
+0.05 (+4.17%)
(As of 05/22/2024 ET)

Flora Growth - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 1 Analyst Ratings

Consensus Price Target

$6.00
380.00% Upside
High Forecast$6.00
Average Forecast$6.00
Low Forecast$6.00
TypeCurrent Forecast
5/23/23 to 5/22/24
1 Month Ago
4/23/23 to 4/22/24
3 Months Ago
2/22/23 to 2/22/24
1 Year Ago
5/23/22 to 5/23/23
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.00$7.00$20.00$40.00
Forecasted Upside380.00% Upside184.55% Upside292.31% Upside475.50% Upside
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FLGC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FLGC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Flora Growth Stock vs. The Competition

TypeFlora GrowthMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.69
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside383.87% Upside699.08% Upside8.98% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/16/2024Roth Mkm
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 Reiterated RatingBuy ➝ Buy$7.00 ➝ $6.00+351.13%
4/19/2023Roth Capital
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W. Kirk
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Reiterated RatingBuy
4/5/2023Alliance Global Partners
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 Lower Target$25.00 ➝ $20.00+292.31%
2/1/2023Argus
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 Reiterated RatingBuy$60.00+878.47%
8/1/2022Cantor Fitzgerald
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 Initiated CoverageNeutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:23 PM ET.

FLGC Frequently Asked Questions

What is Flora Growth's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Flora Growth is $6.00, with a high forecast of $6.00 and a low forecast of $6.00. The consensus rating for Flora Growth stock is Buy based on the current 1 buy rating for FLGC. Learn more on FLGC's analyst rating history.

Do Wall Street analysts like Flora Growth more than its competitors?

Analysts like Flora Growth more than other "medical" companies. The consensus rating for Flora Growth is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how FLGC compares to other companies.

Does Flora Growth's stock price have much upside?

According to analysts, Flora Growth's stock has a predicted upside of 351.13% based on their 12-month stock forecasts.

What analysts cover Flora Growth?

Flora Growth has been rated by research analysts at Roth Mkm in the past 90 days.


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This page (NASDAQ:FLGC) was last updated on 5/22/2024 by MarketBeat.com Staff

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