According to The Fly, in a latest note to investors, a research analyst has provided a rating update for the Aphria Inc (APHA). Eight Capital’s analyst Graeme Kreindler expressed some doubt on December 13 about the stock, as it was downgraded to Hold.
According to TipRanks.com, Kreindler is ranked 0 out of 5 stars with an average return of -22.1% and a 4.5% success rate. Kreindler covers the Healthcare sector, focusing on stocks such as Aurora Cannabis Inc, Aphria Inc, and Tilray Inc.
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Currently, the analyst consensus on Aphria Inc is a Moderate Buy with an average price target of C$26.75.
Aphria Inc’s market cap is currently C$3.88B and has a P/E ratio of 41.4.
The company’s shares closed on Friday at C$7.47, close to its 52-week low of C$4.76.
