Aurora Cannabis (ACB:CA) (ACB)
TD Securities has recently maintained its “Buy” rating on Aurora Cannabis, reaffirming it’s C$10.00, 12 month price target. The firm believes the stock obtains a compellingly valuation model following, highlighting improved operational focus and a balanced risk/reward profile.
Stock Forecast & Analysis
Aurora Cannabis has a consensus “Buy” rating, with the average 12-month price target at approximately C$7.00 per share.
Aurora Cannabis’s stock is beginning to appear attractive following its recent pullback, which has brought its valuation to more compelling levels. From a technical analysis standpoint, the stock has now entering a “Buy” region.
This technical positioning suggests increased buying interest and the potential for a short-term rebound. Combined with improving fundamentals—such as cost-cutting measures, narrowing losses, and international expansion—investors may see this as an opportune entry point. While risks remain given the volatility of the cannabis sector, the recent retracement offers a more favorable risk-reward profile for those with a moderate-to-high risk tolerance.
Outlook
TD Securities continues to rate Aurora Cannabis as a an attractive Buy proposition, with a C$10 target driven by its turnaround progress, disciplined restructure, and improving cash flow. This aligns with a market view that sees significant upside potential if the company’s execution continues on its recovery path.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
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