Bank of America Securities Analyst Reiterates Sell Rating on Cronos Group, CRON
Lisa Lewandowski analyst at Bank of America Securities reiterates coverage on Cronos Group (CRON) in the Basic Materials sector with a Sell rating. TipRanks.com has Lewandowski rated as a 3.9 star analyst with a 84% return on investment and a 11.4% success rate. Lewandowski has set a price target of $ 3.
TipRanks.com reports that Cronos Group currently has 9 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $4.55. The target pricing ranges from a high forecast of $8.45 down to a low forecast of $3.00. Cronos Group (CRON)’s last closing price was $$3.27 which would put the average price target at 39.14% upside.
In addition, TradingView issued a Buy rating for CRON over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CRON.
Other analysts covering CRON include:
- Matt Bottomley of Canaccord Genuity issued a Hold rating with the price target of $ 3.46 on 2 days ago
- John Zamparo of CIBC issued a Buy rating with the price target of n/a on 2 days ago
- William Kirk of MKM Partners issued a Buy rating with the price target of $ 8.45 on 2 days ago
- Rahul Sarugaser of Raymond James issued a Buy rating with the price target of $ 6 on 4 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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