InvestorsHub Logo
Followers 64
Posts 3897
Boards Moderated 1
Alias Born 01/15/2007

Re: None

Tuesday, 07/30/2019 1:36:48 AM

Tuesday, July 30, 2019 1:36:48 AM

Post# of 70338
Despite having traded down a bit for the past several months, Aurora Cannabis' stock is still up for the year, and analysts give it a consensus "buy" rating.

Morningstar maintains the stock is still undervalued, but has a lot of opportunities despite the fact that it is one of the only big cannabis players without a strategic partner.

Inton says that since pot cultivation is indoors, big costs like labor and electricity are putting pressure on some of the producers' balance sheets. But Aurora is working to improve that. "They’re very focused on advancing production there. There’s probably a lot of opportunity, it’s only a few years old where there’s industry-scale cultivation of cannabis, so their development of that could be good,” he says.

And other analysts see Aurora's international exposure as a huge plus for the stock.

"[Aurora Cannabis] has the largest international footprint among the Canadian LPs and is well positioned to capture additional revenues in Germany and Australia as capacity ramps and the company is able to allocate additional shipments to these markets," writes Cowen's Azer
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News