Jefferies Financial Group Raises Cronos Group (TSE:CRON) Price Target to C$3.54

Cronos Group (TSE:CRONFree Report) had its target price boosted by Jefferies Financial Group from C$3.23 to C$3.54 in a research note issued to investors on Friday, BayStreet.CA reports.

Separately, Sanford C. Bernstein decreased their price target on Cronos Group from C$2.84 to C$2.82 and set a market perform rating for the company in a research note on Tuesday, January 30th.

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Cronos Group Stock Down 3.6 %

CRON opened at C$3.99 on Friday. The stock’s 50 day moving average price is C$3.49 and its 200 day moving average price is C$3.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 28.19 and a quick ratio of 24.01. The stock has a market cap of C$1.52 billion, a P/E ratio of -21.00, a P/E/G ratio of 0.12 and a beta of 1.12. Cronos Group has a 12 month low of C$2.15 and a 12 month high of C$4.28.

Cronos Group Company Profile

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Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.

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