Cresco Labs Inc. (CRLBF)
(Delayed Data from OTC)
$1.60 USD
-0.05 (-3.03%)
Updated Sep 20, 2024 03:58 PM ET
3-Hold of 5 3
B Value C Growth F Momentum C VGM
Cresco Labs Inc. (CRLBF) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$3.48 | $5.00 | $2.50 | 110.91% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Cresco Labs Inc. comes to $3.48. The forecasts range from a low of $2.50 to a high of $5.00. The average price target represents an increase of 110.91% from the last closing price of $1.65.
Analyst Price Targets (7 )
Broker Rating
Cresco Labs Inc. currently has an average brokerage recommendation (ABR) of 1.14 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 1.33 a month ago based on nine recommendations.
Of the seven recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 85.71% and 14.29% of all recommendations. A month ago, Strong Buy made up 77.78%, while Buy represented 11.11%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 7 | 5 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 1 | 1 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.14 | 1.38 | 1.33 | 1.63 | 1.56 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/4/2024 | Canaccord Genuity | Luke Hannan | Strong Buy | Strong Buy |
8/12/2024 | Haywood Securities | Neal Gilmer | Strong Buy | Strong Buy |
8/9/2024 | Roth Capital Partners | Scott Fortune | Hold | Strong Buy |
8/9/2024 | PI Financial Corp. | Andrew Semple | Not Available | Strong Buy |
8/9/2024 | ATB Capital Markets | Frederico Gomes | Strong Buy | Strong Buy |
5/21/2024 | Cormark Securities | Jesse Pytlak | Moderate Buy | Moderate Buy |
5/15/2024 | Alliance Global Partners | Aaron Grey | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.14 |
ABR (Last week) | 1.38 |
# of Recs in ABR | 7 |
Average Target Price | $3.48 |
LT Growth Rate | NA |
Industry | Medical - Products |
Industry Rank by ABR | 63 of 253 |
Current Quarter EPS Est: | -0.01 |
CRLBF FAQs
Cresco Labs Inc. (CRLBF) currently has an average brokerage recommendation (ABR) of 1.14 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Cresco Labs Inc. (CRLBF) is $3.48. The current on short-term price targets is based on 6 reports.
The forecasts for Cresco Labs Inc. (CRLBF) range from a low of $2.5 to a high of $5. The average price target represents a increase of $117.50 from the last closing price of $1.60.
The current UPSIDE for Cresco Labs Inc. (CRLBF) is 117.50%
Based on short-term price targets offered by seven analysts, the average price target for Cresco Labs Inc. comes to $3.48. The forecasts range from a low of $2.50 to a high of $5.00. The average price target represents an increase of 110.91% from the last closing price of $1.65.