Sundial growers stock

sundial growers stock

What is the target price for sundial growersstock?

5 equities research analysts have issued 1 year target prices for Sundial Growers stock. Their forecasts range from $0.40 to $1.15. On average, they anticipate Sundial Growers stock price to reach $0.73 in the next year. This suggests that the stock has a possible downside of 20.3%.

What is sundial Growers Inc (SNDL)?

: SNDL Stock Price | CA86730L1094 | MarketScreener SUNDIAL GROWERS INC. Sundial Growers Inc. is a Canada-based company that is engaged in the business of production, distribution and sale of cannabis in Canada. The Company’s segments include cannabis operations and investment operations.

What drove sundial growers’ 33% gain in pre-market Friday?

In pre-market trading on Friday, cannabis grower Sundial Growers (NASDAQ:SNDL) saw a 33% gain in its share price. Investors who witnessed the move in SNDL stock could have concluded the company had just delivered explosive third-quarter earnings results.

Whats wrong with sundial growers?

One of the biggest knocks against Sundial Growers is its penchant for diluting shareholders. While many of the marijuana stocks that have gone public in the past few years have issued more stock to raise cash, Sundial has been especially busy doing it, unleashing a tsunami of shares over the past two years that increased the share count by 2,150%.

Is sundial growers (sundial) stock a buy or sell?

Sundial Growers has received a consensus rating of Hold. The companys average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating. According to analysts consensus price target of $0.73, Sundial Growers has a forecasted upside of 8.5% from its current price of $0.68.

What are analystsprice targets for sundial growers (SDG) stock?

5 Wall Street analysts have issued 12-month price targets for Sundial Growers stock. Their forecasts range from $0.40 to $1.15. On average, they expect Sundial Growers stock price to reach $0.73 in the next year. This suggests that the stock has a possible downside of 15.8%.

Should you bail on sundial stock?

The culprit was Canaccord Genuity analyst Shaan Mir, who chopped his Sundial price target by a deep 25%. In his estimation, the shares are now worth $0.60 apiece from the previous $0.80. At least Mir doesnt believe investors should bail on the stock; hes maintaining his hold recommendation on it for now. Image source: Getty Images.

Is sundial a meme stock in 2021?

Sundial is granted another extension to remain listed on the NASDAQ exchange. Canopy Growth receives another downgrade as Canaccord slashes its price target. NASDAQ:SNDL has certainly seen better days as investors are likely fondly looking back at the meme stock craze of 2021.

Is sundial growers at risk of being delisted from the NASDAQ?

Shareholders of Canadian cannabis company Sundial Growers (SNDL -1.12%) have had plenty to worry about lately. The stock is at risk of being delisted from the Nasdaq, as the share price hovers near $0.60.

What is sundial’s minimum bid price requirement?

Earlier this month, Sundial was granted a 180-day extension by the Nasdaq to comply with its minimum price requirement. Sundial will need its bid price to close at or above $1. 00 per share for at least 10 consecutive trading days before Aug. 8 to ensure compliance.

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