Canopy Gwth: Stocks Overvalued by Analyst Consensus on TSX (WEED)
Canopy Growth Corp is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.
This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.
There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # Estimates |
|---|---|---|---|---|---|---|
| TRP | TC Energy Corp | 2024 | 60.76 | 60.125 | CAD | 8 |
| IMO | Imperial Oil Ltd | 2024 | 104.76 | 104.0909 | CAD | 11 |
| DOL | Dollarama Inc | 2024 | 135.64 | 130.5556 | CAD | 9 |
| FTS | Fortis Inc | 2024 | 59.94 | 59.6667 | CAD | 6 |
| H | Hydro One Ltd | 2024 | 44.31 | 41.7143 | CAD | 7 |
| CTC | Canadian Tire Corp Ltd | 2024 | 225 | 163.125 | CAD | 8 |
| NWC | The North West Co Inc | 2024 | 45.56 | 45.3333 | CAD | 3 |
| ZZZ | Sleep Country Canada Holdings Inc | 2024 | 35.04 | 35 | CAD | 5 |
| CR | Crew Energy Inc | 2024 | 7.13 | 6.925 | CAD | 8 |
| FSZ | Fiera Capital Corp | 2024 | 8.1 | 7.9583 | CAD | 6 |
| WEED | Canopy Growth Corp | 2025 | 9.69 | 6.9375 | CAD | 4 |
| AX-UN | Artis Real Estate Investment Trust | 2024 | 6.78 | 6.5 | CAD | 1 |
| ACB | Aurora Cannabis Inc | 2025 | 9.55 | 9.25 | CAD | 4 |
| FCD-UN | Firm Capital Property Trust | 2024 | 5.39 | 5.25 | CAD | 1 |
| WRG | Western Energy Services Corp | 2024 | 3.05 | 3 | CAD | 1 |
| INO-UN | Inovalis Real Estate Investment Trust | 2024 | 1.25 | 1 | CAD | 1 |
| SOT-UN | Slate Office REIT | 2024 | 0.335 | 0.15 | CAD | 3 |
All data provided as of August 16, 2024.
More about Canopy Growth Corp
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
Canopy Growth Corp is listed under WEED on the Toronto Stock Exchange.
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