While the latest quarterly result may shed a positive light on the company, you need to focus on different aspects before taking an investment call on ACB stock.
On 12th March, CIBC analyst John Zamparo raised the price target for OrganiGram stock from $4.25 to $5 and kept a “Neutral” rating on the stock. OGI stock’s previous close was at $4.04 meaning it was trading at a discount of 23.76% to CIBC estimates. Raymond James also increased its price target from $3 to $6 […]
On 12th March, CIBC analyst Stephanie Price lowered the price target on Docebo from $98 to $83 and provided an “Outperforming” rating on the stock. DCBO stock’s previous close was at $57.93 which shows it was trading at a discount of 43.27% to CIBC estimates. Shortly after Docebo’s results, TD Securities lowered its price target from […]
On March 12th, CIBC analyst Mark Petrie raised the price target for Premium Brands (TSX:PBH) to $118 from $108 and assigned a “neutral” rating on the stock. PBH stock closed trading at $115.93 on Friday, meaning it was trading at a discount of 1.78% to CIBC estimates. Premium Brands is valued at a market cap […]
Guaranteed Investment Certificate (GIC) is a safe investment option as it offers a fixed interest rate, irrespective of the market conditions. However, it does not beat inflation rate.