Cronos Group

CRONNASDAQ
$2.40
0.020.84%
Last update: 8:11 AM
15 minutes delayed
Consensus Rating1
Sell
Highest Price Target1
$4.25
Lowest Price Target1
$2.50
Consensus Price Target1
$3.21

Cronos Group (NASDAQ:CRON) Stock, Analyst Ratings, Price Targets, Forecasts

Cronos Group Inc has a consensus price target of $3.21 based on the ratings of 7 analysts. The high is $4.25 issued by Canaccord Genuity on February 22, 2022. 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 11.11% upside for Cronos Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.1
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

CIBC
B of A Securities
Barclays
Bernstein
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Cronos Group

Buy NowGet Alert
05/15/2024Buy Now45.83%CIBC
John Zamparo
$3 → $3.5MaintainsOutperformerGet Alert
04/08/2024Buy Now4.17%B of A Securities
Lisa Lewandowski
$2 → $2.5MaintainsUnderperformGet Alert
12/28/2023Buy Now-16.67%B of A Securities
Lisa Lewandowski
$1.78 → $2MaintainsUnderperformGet Alert
05/15/2023Buy Now25%Barclays
Gaurav Jain
$3.5 → $3MaintainsEqual-WeightGet Alert
11/02/2022Buy Now25%Bernstein
Nadine Sarwat
→ $3Initiates → Market PerformGet Alert
09/30/2022Buy Now45.83%Barclays
Gaurav Jain
$5 → $3.5MaintainsEqual-WeightGet Alert
03/22/2022Buy NowBarclays
Gaurav Jain
UpgradeUnderweight → Equal-WeightGet Alert
03/07/2022Buy Now25%Piper Sandler
Michael Lavery
$4 → $3MaintainsNeutralGet Alert
02/22/2022Buy Now77.08%Canaccord Genuity
Matt Bottomley
$7 → $4.25MaintainsSellGet Alert
02/22/2022Buy Now66.67%Piper Sandler
Michael Lavery
$7 → $4MaintainsNeutralGet Alert
01/27/2022Buy Now35%Jefferies
Owen Bennett
$5.54 → $3.24UpgradeUnderperform → HoldGet Alert
11/18/2021Buy Now129.17%Barclays
Gaurav Jain
Initiates → UnderweightGet Alert

FAQ

Q

What is the target price for Cronos Group (CRON) stock?

A

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 45.83% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cronos Group (CRON)?

A

The latest analyst rating for Cronos Group (NASDAQ:CRON) was provided by CIBC, and Cronos Group maintained their outperformer rating.

Q

When was the last upgrade for Cronos Group (CRON)?

A

The last upgrade for Cronos Group Inc happened on March 22, 2022 when Barclays raised their price target to N/A. Barclays previously had an underweight for Cronos Group Inc.

Q

When was the last downgrade for Cronos Group (CRON)?

A

There is no last downgrade for Cronos Group.

Q

When is the next analyst rating going to be posted or updated for Cronos Group (CRON)?

A

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.

Q

Is the Analyst Rating Cronos Group (CRON) correct?

A

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 $2.40, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.