TD Securities Reiterates C$9.00 Price Target for Aurora Cannabis (TSE:ACB)

TD Securities set a C$9.00 target price on Aurora Cannabis (TSE:ACB) in a report released on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Aurora Cannabis Trading Up 1.7 %

ACB opened at C$6.15 on Wednesday. The stock has a market cap of C$336.16 million, a PE ratio of -9.76 and a beta of 2.71. The company has a quick ratio of 2.48, a current ratio of 3.76 and a debt-to-equity ratio of 16.95. The business has a 50 day moving average of C$6.96 and a 200-day moving average of C$7.61. Aurora Cannabis has a 52 week low of C$3.84 and a 52 week high of C$12.85.

Insider Activity

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of Aurora Cannabis stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total transaction of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.