TSE:WEED - Canopy Growth Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$34.33
  • Forecasted Upside: 18.20 %
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$29.04
▲ +0.26 (0.90%)

This chart shows the closing price for WEED by one month, three months, or twelve months.

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Analyst Price Target for WEED

Analyst Price Target is C$34.33
▲ +18.20% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Canopy Growth in the last 3 months. The average price target is C$34.33, with a high forecast of C$51.00 and a low forecast of C$21.00. The average price target represents a 18.20% upside from the last price of C$29.04.

This chart shows the closing price for WEED for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 contributing investment analysts is to hold stock in Canopy Growth. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 3 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 2 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 2 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 2 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 3 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 3 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
6/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/2/2021Alliance Global PartnersLower Price TargetNAC$40.00 ➝ C$32.00
6/2/2021CfraLower Price TargetStrong-Buy ➝ BuyC$75.00 ➝ C$45.00
6/2/2021Canaccord GenuityLower Price TargetSell ➝ HoldC$32.00 ➝ C$30.00
6/2/2021Eight CapitalUpgradeSell ➝ NeutralC$34.50 ➝ C$29.00
6/2/2021MKM PartnersLower Price TargetBuyC$55.00 ➝ C$51.00
6/2/2021CowenLower Price TargetBuyC$44.00 ➝ C$39.00
6/1/2021CIBCReiterated RatingNeutralC$38.00
5/25/2021MKM PartnersReiterated RatingBuyC$55.00
5/11/2021CIBCLower Price TargetNeutralC$55.00 ➝ C$38.00
4/9/2021CowenLower Price TargetHoldC$75.00 ➝ C$44.00
2/24/2021Eight CapitalDowngradeNeutral ➝ SellC$23.00 ➝ C$34.50
2/24/2021Jefferies Financial GroupBoost Price TargetUnderperformC$27.78 ➝ C$29.09
2/10/2021Alliance Global PartnersBoost Price TargetC$41.00 ➝ C$60.00
2/10/2021BenchmarkDowngradeBuy ➝ Hold
2/10/2021CIBCBoost Price TargetC$32.00 ➝ C$64.00
2/10/2021CormarkDowngradeMarket Perform ➝ Reduce
2/10/2021CowenBoost Price TargetC$38.00 ➝ C$75.00
2/10/2021MKM PartnersBoost Price TargetC$28.00 ➝ C$55.00
2/10/2021Stifel NicolausBoost Price TargetC$18.00 ➝ C$21.00
2/10/2021Canaccord GenuityBoost Price TargetHold ➝ NeutralC$25.00 ➝ C$32.00
1/25/2021Alliance Global PartnersBoost Price TargetC$32.00 ➝ C$41.00
11/16/2020Jefferies Financial GroupBoost Price TargetC$20.20 ➝ C$27.78
11/12/2020BenchmarkSet Price TargetC$35.00
11/11/2020CIBCBoost Price TargetC$25.00 ➝ C$32.00
11/10/2020CormarkBoost Price TargetC$23.50 ➝ C$28.50
11/10/2020Alliance Global PartnersBoost Price TargetC$24.00 ➝ C$32.00
11/10/2020Canaccord GenuityBoost Price TargetC$22.00 ➝ C$25.00
8/11/2020CormarkBoost Price TargetC$21.00 ➝ C$23.50
8/11/2020Canaccord GenuityBoost Price TargetC$21.00 ➝ C$22.00
8/11/2020CIBCLower Price TargetC$26.00 ➝ C$25.00
6/1/2020CIBCDowngradeOutperform ➝ NeutralC$35.00 ➝ C$26.00
6/1/2020CormarkDowngradeBuy ➝ Market Perform
6/1/2020Pi FinancialDowngradeNeutral ➝ SellC$30.00 ➝ C$20.00
5/27/2020Pi FinancialSet Price TargetNeutralC$30.00
4/17/2020Canaccord GenuityLower Price TargetC$28.00 ➝ C$23.00
3/5/2020Laurentian Bank of CanadaUpgradeHold ➝ Buy
3/5/2020LaurentianUpgradeHold ➝ Buy
2/18/2020Canaccord GenuityBoost Price TargetC$25.00 ➝ C$28.00
2/18/2020Stifel NicolausBoost Price TargetC$30.00 ➝ C$35.00
2/18/2020CIBCBoost Price TargetC$30.00 ➝ C$35.00
2/18/2020Pi FinancialDowngradeBuy ➝ NeutralC$25.00 ➝ C$30.00
2/11/2020Pi FinancialSet Price TargetBuyC$25.00
1/28/2020BMO Capital MarketsBoost Price TargetOutperformC$25.00 ➝ C$40.00
1/2/2020Jefferies Financial GroupLower Price TargetC$25.00 ➝ C$21.00
12/17/2019LaurentianSet Price TargetHoldC$26.00
11/20/2019Pi FinancialLower Price TargetBuyC$35.00 ➝ C$25.00
11/20/2019Bank of AmericaUpgradeNeutral ➝ Buy
11/15/2019CIBCLower Price TargetC$45.00 ➝ C$30.00
11/5/2019DesjardinsReiterated RatingHoldC$46.00
10/11/2019Jefferies Financial GroupLower Price TargetC$77.00 ➝ C$25.00
10/4/2019CIBCLower Price TargetC$50.00 ➝ C$45.00
9/27/2019Bank of AmericaDowngradeBuy ➝ Neutral
8/16/2019BenchmarkLower Price TargetC$100.00 ➝ C$60.00
8/16/2019Canaccord GenuityLower Price TargetC$70.00 ➝ C$60.00
8/16/2019CIBCLower Price TargetC$80.00 ➝ C$50.00
8/16/2019CormarkDowngradeBuy ➝ Market PerformC$55.00 ➝ C$48.00
7/4/2019DesjardinsLower Price TargetHoldC$63.00 ➝ C$59.00
7/4/2019Bryan, Garnier & CoDowngradeBuy ➝ NeutralC$85.00 ➝ C$60.00
6/24/2019CormarkLower Price TargetC$70.00 ➝ C$65.00
6/24/2019DesjardinsLower Price TargetHoldC$74.00 ➝ C$63.00
5/13/2019Alliance Global PartnersSet Price TargetBuyC$75.00
5/3/2019Jefferies Financial GroupBoost Price TargetC$64.00 ➝ C$77.00
4/22/2019CIBCBoost Price TargetC$75.00 ➝ C$80.00
4/17/2019Bank of AmericaReiterated RatingBuyC$70.00
2/25/2019Jefferies Financial GroupReiterated RatingHoldC$64.00
2/19/2019Pi FinancialBoost Price TargetC$60.00 ➝ C$70.00
2/19/2019Canaccord GenuityBoost Price TargetSpeculative BuyC$50.00 ➝ C$70.00
2/19/2019CIBCBoost Price TargetC$65.00 ➝ C$75.00
1/18/2019CIBCReiterated RatingOutperformC$65.00
9/25/2018BenchmarkReiterated RatingBuyC$100.00
9/4/2018CowenBoost Price TargetC$56.00 ➝ C$74.00
8/16/2018CormarkBoost Price TargetC$33.00 ➝ C$40.00
8/16/2018Canaccord GenuityUpgradeHold ➝ Speculative BuyC$34.00 ➝ C$50.00
7/11/2018Canaccord GenuityBoost Price TargetHoldC$32.00 ➝ C$34.00
7/6/2018Eight CapitalBoost Price TargetC$40.00 ➝ C$50.00
6/28/2018CormarkBoost Price TargetC$25.00 ➝ C$33.00
6/28/2018Canaccord GenuityBoost Price TargetC$27.50 ➝ C$32.00
5/2/2018Canaccord GenuityBoost Price TargetC$26.50 ➝ C$27.50
4/5/2018Pi FinancialReiterated RatingTop Pick
2/12/2018Canaccord GenuityBoost Price TargetHoldC$18.50 ➝ C$26.00
1/8/2018CowenBoost Price TargetC$24.00 ➝ C$44.00
11/27/2017Eight CapitalBoost Price TargetC$18.00 ➝ C$22.00
11/15/2017Canaccord GenuityBoost Price TargetHoldC$14.00 ➝ C$17.00
11/13/2017Beacon SecuritiesDowngradeBuy ➝ HoldC$16.50
11/1/2017Eight CapitalBoost Price TargetC$12.00 ➝ C$18.00
10/31/2017Canaccord GenuityBoost Price TargetSell ➝ HoldC$11.00 ➝ C$14.00
10/12/2017Canaccord GenuityDowngradeHold ➝ SellC$9.50 ➝ C$11.00
8/15/2017Canaccord GenuityReiterated RatingBuyC$9.50
6/28/2017Canaccord GenuityLower Price TargetHoldC$11.50 ➝ C$10.50
6/14/2017CowenLower Price TargetC$15.00 ➝ C$10.00
(Data available from 6/23/2016 forward)
Canopy Growth logo
Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.
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Today's Range

Now: C$29.04
Low: C$28.67
High: C$29.35

50 Day Range

MA: C$30.58
Low: C$26.91
High: C$34.76

52 Week Range

Now: C$29.04
Low: C$18.44
High: C$71.60

Volume

776,704 shs

Average Volume

1,430,730 shs

Market Capitalization

C$11.12 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canopy Growth?

The following sell-side analysts have issued reports on Canopy Growth in the last twelve months: Alliance Global Partners, Benchmark Co., Canaccord Genuity, Cfra, CIBC, Cormark, Cowen Inc, Eight Capital, Jefferies Financial Group Inc., MKM Partners, and Stifel Nicolaus.
View the latest analyst ratings for WEED.

What is the current price target for Canopy Growth?

11 Wall Street analysts have set twelve-month price targets for Canopy Growth in the last year. Their average twelve-month price target is C$34.33, suggesting a possible upside of 18.2%. MKM Partners has the highest price target set, predicting WEED will reach C$51.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of C$21.00 for Canopy Growth in the next year.
View the latest price targets for WEED.

What is the current consensus analyst rating for Canopy Growth?

Canopy Growth currently has 2 sell ratings, 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WEED, but not buy more shares or sell existing shares.
View the latest ratings for WEED.

What other companies compete with Canopy Growth?

How do I contact Canopy Growth's investor relations team?

Canopy Growth's physical mailing address is 1 Hershey Dr, SMITHS FALLS, ON K7A 0A8, Canada. The company's listed phone number is +1-613-5999600. The official website for Canopy Growth is www.canopygrowth.com.