Flora Growth Corp has a consensus price target of $4.21 based on the ratings of 5 analysts. The high is $7 issued by Roth MKM on April 3, 2024. The low is $0.85 issued by Cantor Fitzgerald on August 1, 2022. The 3 most-recent analyst ratings were released by Roth MKM on May 16, 2024, April 3, 2024, and May 18, 2023, respectively. With an average price target of $4.67 between Roth MKM, there's an implied 282.51% upside for Flora Growth Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Flora Growth (NASDAQ:FLGC) was reported by Alliance Global Partners on August 15, 2024. The analyst firm set a price target for $0.00 expecting FLGC to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Flora Growth (NASDAQ:FLGC) was provided by Alliance Global Partners, and Flora Growth downgraded their neutral rating.
There is no last upgrade for Flora Growth
The last downgrade for Flora Growth Corp happened on August 15, 2024 when Alliance Global Partners changed their price target from N/A to N/A for Flora Growth Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Flora Growth, 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 Flora Growth was filed on August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.
While ratings are subjective and will change, the latest Flora Growth (FLGC) rating was a downgraded with a price target of $0.00 to $0.00. The current price Flora Growth (FLGC) is trading at is $1.22, which is out of the analyst’s predicted range.
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