Analyst Price Target is C$16.43
▲ +2,781.58% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Drone Delivery Canada in the last 3 months. The average price target is C$16.43, with a high forecast of C$32.00 and a low forecast of C$0.85. The average price target represents a 2,781.58% upside from the last price of C$0.57.
Current Consensus is
Strong Buy
The current consensus among 4 contributing investment analysts is to buy (strong buy) stock in Drone Delivery Canada. This rating changed within the last month from a Buy consensus rating.
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.
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