Aphria (TSE:APHA) Price Target Lowered to C$20.00 at Haywood Securities

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Aphria (TSE:APHA) had its price target lowered by Haywood Securities from C$26.00 to C$20.00 in a research report released on Tuesday morning, Price Targets.com reports. The brokerage currently has a hold rating on the stock.

Several other research analysts also recently weighed in on APHA. Stifel Nicolaus upped their target price on shares of Aphria from C$15.50 to C$22.00 in a research note on Tuesday, April 6th. CIBC upped their target price on shares of Aphria to C$28.00 and gave the company an outperform rating in a research note on Monday. Canaccord Genuity upgraded shares of Aphria from a hold rating to a speculative buy rating and upped their target price for the company from C$11.00 to C$17.50 in a research note on Friday, January 15th. Cormark increased their price objective on shares of Aphria from C$8.00 to C$10.75 in a research note on Friday, December 18th. Finally, Pi Financial downgraded shares of Aphria from a buy rating to a neutral rating and increased their price objective for the company from C$11.00 to C$16.00 in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and an average target price of C$17.31.

Aphria stock opened at C$17.00 on Tuesday. Aphria has a 52-week low of C$3.93 and a 52-week high of C$40.93. The firm has a fifty day moving average of C$22.45 and a 200-day moving average of C$14.30. The firm has a market capitalization of C$5.39 billion and a P/E ratio of -21.49. The company has a quick ratio of 0.98, a current ratio of 2.36 and a debt-to-equity ratio of 28.12.

Aphria Company Profile

Aphria Inc cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P'tite Pof, and Broken Coast brands.

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Analyst Recommendations for Aphria (TSE:APHA)

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