$2.90
-0.12[-3.97%]
At close: May 17
$2.90
0[0.00%]
After Hours: 7:55PM EDT
Cronos Group
(NASDAQ:CRON)Cronos Group Stock (NASDAQ:CRON), Analyst Ratings, Price Targets, Predictions
Cronos Group Inc has a consensus price target of $3.21, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from CIBC, B of A Securities, and B of A Securities on May 15, 2024, April 8, 2024, and December 28, 2023. With an average price target of $2.67 between CIBC, B of A Securities, and B of A Securities, there's an implied -8.05% downside for Cronos Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
CIBC
B of A Securities
Barclays
Bernstein
Piper Sandler
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Cronos Group
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/15/2024 | Buy Now | 20.69% | CIBC | John Zamparo | $3 → $3.5 | Maintains | Outperformer | Get Alert |
| 04/08/2024 | Buy Now | -13.79% | B of A Securities | Lisa Lewandowski | $2 → $2.5 | Maintains | Underperform | Get Alert |
| 12/28/2023 | Buy Now | -31.03% | B of A Securities | Lisa Lewandowski | $1.78 → $2 | Maintains | Underperform | Get Alert |
| 05/15/2023 | Buy Now | 3.45% | Barclays | Gaurav Jain | $3.5 → $3 | Maintains | Equal-Weight | Get Alert |
| 11/02/2022 | Buy Now | 3.45% | Bernstein | Nadine Sarwat | → $3 | Initiates | → Market Perform | Get Alert |
| 09/30/2022 | Buy Now | 20.69% | Barclays | Gaurav Jain | $5 → $3.5 | Maintains | Equal-Weight | Get Alert |
| 03/22/2022 | Buy Now | — | Barclays | Gaurav Jain | — | Upgrade | Underweight → Equal-Weight | Get Alert |
| 03/07/2022 | Buy Now | 3.45% | Piper Sandler | Michael Lavery | $4 → $3 | Maintains | Neutral | Get Alert |
| 02/22/2022 | Buy Now | 46.55% | Canaccord Genuity | Matt Bottomley | $7 → $4.25 | Maintains | Sell | Get Alert |
| 02/22/2022 | Buy Now | 37.93% | Piper Sandler | Michael Lavery | $7 → $4 | Maintains | Neutral | Get Alert |
| 01/27/2022 | Buy Now | 11.72% | Jefferies | Owen Bennett | $5.54 → $3.24 | Upgrade | Underperform → Hold | Get Alert |
| 11/18/2021 | Buy Now | 89.66% | Barclays | Gaurav Jain | — | Initiates | → Underweight | Get Alert |
FAQ
What is the target price for Cronos Group (CRON)?
The latest price target for Cronos Group (NASDAQ: CRON) was reported by CIBC on May 15, 2024. The analyst firm set a price target for $3.50 expecting CRON to rise to within 12 months (a possible 20.69% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cronos Group (CRON)?
The latest analyst rating for Cronos Group (NASDAQ: CRON) was provided by CIBC, and Cronos Group maintained their outperformer rating.
When was the last upgrade for Cronos Group (CRON)?
The last upgrade for Cronos Group Inc happened on March 22, 2022 when Barclays raised their price target to N/A. Barclays previously had an underweight for Cronos Group Inc.
When was the last downgrade for Cronos Group (CRON)?
There is no last downgrade for Cronos Group.
When is the next analyst rating going to be posted or updated for Cronos Group (CRON)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cronos Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cronos Group was filed on May 15, 2024 so you should expect the next rating to be made available sometime around May 15, 2025.
Is the Analyst Rating Cronos Group (CRON) correct?
While ratings are subjective and will change, the latest Cronos Group (CRON) rating was a maintained with a price target of $3.00 to $3.50. The current price Cronos Group (CRON) is trading at is $2.90, which is out of the analyst’s predicted range.
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