TD Securities Reiterates “C$9.00” Price Target for Aurora Cannabis (TSE:ACB)

Aurora Cannabis (TSE:ACB) has been assigned a C$9.00 price target by stock analysts at TD Securities in a report released on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 46.10% from the stock’s previous close.

Aurora Cannabis Stock Down 0.3 %

Shares of TSE:ACB traded down C$0.02 during trading on Wednesday, hitting C$6.16. The company’s stock had a trading volume of 290,705 shares, compared to its average volume of 1,004,979. The company has a debt-to-equity ratio of 16.95, a quick ratio of 2.48 and a current ratio of 3.76. Aurora Cannabis has a fifty-two week low of C$3.84 and a fifty-two week high of C$12.85. The stock’s 50-day moving average price is C$7.04 and its two-hundred day moving average price is C$7.65. The company has a market capitalization of C$336.71 million, a PE ratio of -9.78 and a beta of 2.71.

Insider Buying and Selling

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total transaction of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.