Cronos Group Inc has a consensus price target of $3 based on the ratings of 4 analysts. The high is $3.5 issued by CIBC on May 15, 2024. The low is $2.5 issued by B of A Securities on April 8, 2024. The 3 most-recent analyst ratings were released by CIBC, B of A Securities, and B of A Securities on May 15, 2024, April 8, 2024, and December 28, 2023, respectively. With an average price target of $2.67 between CIBC, B of A Securities, and B of A Securities, there's an implied 44.93% upside for Cronos Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/15/2024 | Buy Now | 90.22% | CIBC | John Zamparo36% | $3 → $3.5 | Maintains | Outperformer | Get Alert |
04/08/2024 | Buy Now | 35.87% | B of A Securities | Lisa Lewandowski63% | $2 → $2.5 | Maintains | Underperform | Get Alert |
12/28/2023 | Buy Now | 8.7% | B of A Securities | Lisa Lewandowski63% | $1.78 → $2 | Maintains | Underperform | Get Alert |
05/15/2023 | Buy Now | 63.04% | Barclays | Gaurav Jain63% | $3.5 → $3 | Maintains | Equal-Weight | Get Alert |
11/02/2022 | Buy Now | 63.04% | Bernstein | Nadine Sarwat37% | → $3 | Initiates | → Market Perform | Get Alert |
09/30/2022 | Buy Now | 90.22% | Barclays | Gaurav Jain63% | $5 → $3.5 | Maintains | Equal-Weight | Get Alert |
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 90.22% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Cronos Group (NASDAQ:CRON) was provided by CIBC, and Cronos Group maintained their outperformer rating.
There is no last upgrade for Cronos Group
There is no last downgrade for Cronos Group.
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.
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 $1.84, which is out of the analyst’s predicted range.
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