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TSE:WEEDCanopy Growth Price Target & Analyst Ratings

-1.95 (-8.05 %)
(As of 06/2/2020 02:09 AM ET)
Today's Range
Now: C$22.26
50-Day Range
MA: C$22.37
52-Week Range
Now: C$22.26
Volume4.38 million shs
Average Volume2.77 million shs
Market CapitalizationC$8.20 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Canopy Growth (TSE:WEED) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
9 Wall Street analysts have issued ratings and price targets for Canopy Growth in the last 12 months. Their average twelve-month price target is C$36.82, suggesting that the stock has a possible upside of 65.40%. The high price target for WEED is C$60.00 and the low price target for WEED is C$20.00. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldBuyHoldHold
Consensus Rating Score: 2.332.562.382.44
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$36.82C$41.58C$44.15C$49.90
Price Target Upside: 65.40% upside95.23% upside47.38% upside109.40% upside

Canopy Growth (TSE:WEED) Consensus Price Target History

Average Share Price and Price Target 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.

Canopy Growth (TSE:WEED) Analyst Ratings History

DateBrokerageActionRatingPrice TargetDetails
6/1/2020CIBCDowngradeOutperform ➝ NeutralC$35.00 ➝ C$26.00
6/1/2020CormarkDowngradeBuy ➝ Market Perform
6/1/2020Pi FinancialDowngradeNeutral ➝ SellC$30.00 ➝ C$20.00
4/17/2020Canaccord GenuityLower Price TargetC$28.00 ➝ C$23.00
3/5/2020Laurentian Bank of CanadaUpgradeHold ➝ Buy
2/18/2020Stifel NicolausBoost Price TargetC$30.00 ➝ C$35.00
1/28/2020BMO Capital MarketsBoost Price TargetOutperformC$25.00 ➝ C$40.00
1/2/2020Jefferies Financial GroupLower Price TargetC$25.00 ➝ C$21.00
11/20/2019Bank of AmericaUpgradeNeutral ➝ Buy
11/5/2019DesjardinsReiterated RatingHoldC$46.00
8/16/2019BenchmarkLower Price TargetC$100.00 ➝ C$60.00
7/4/2019Bryan, Garnier & CoDowngradeBuy ➝ NeutralC$85.00 ➝ C$60.00
5/13/2019Alliance Global PartnersSet Price TargetBuyC$75.00
9/4/2018CowenBoost Price TargetC$56.00 ➝ C$74.00
7/6/2018Eight CapitalBoost Price TargetC$40.00 ➝ C$50.00
11/13/2017Beacon SecuritiesDowngradeBuy ➝ HoldC$16.50
(Data available from 6/2/2018 forward)
This page was last updated on 6/2/2020 by MarketBeat.com Staff

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