There were also rumblings Coca-Cola approached the company about an investment in an effort to get a foothold into the potentially lucrative cannabis-infused drink market. Many analysts say that Aphria could be the perfect take-over candidate. APHA Stock Summary. Visionary CEO Vic Neufeld lead the company to greatness before stepping down earlier this year. Based on that combination,  my 2020 price target for APHA stock is $8.40. Volume today is more active than usual. First, demand trends will improve as new products come to market and producers open more stores. Some of its competitors trade at 50 or 60 times sales. Shares even surpassed $20 each on rumours that one of the big tobacco companies was going to buy the company. Aphria Inc (APHA) stock is trading at $4.51 as of 10:42 AM on Tuesday, Jun 16, a rise of $0.03, or 0.68% from the previous closing price of $4.48. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Aphria share forecasts, stock quote and buy / sell signals below.According to present data Aphria's APHA shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Find out what this means to you and get the rest of the rankings on APHA! The company’s shares are worth $8.53 today at writing, which is good enough for a 1,026% return over approximately 4.5 years. The company’s shares first started trading on the TSX Venture Exchange back in December, 2014. That works out to about 7% a year. Instead, APHA stock will likely outperform during this rebound, thanks to the stock’s favorable fundamental and valuation characteristics. This influx of new products should help stimulate demand trends in Canada. As demand increases, cannabis producers’ gross margins will increase because they won’t have to offer price discounts as frequently. 2 Smart Ways to Play a Stock Market Crash. Aphria Inc has a Neutral sentiment reading. One fantastic ride Similar to … Wall Street Stock Market & Finance report, prediction for the future: You'll find the Aphria share forecasts, stock quote and buy / sell signals below.According to present data Aphria's APHQF shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. However, it does not currently operate in the U.S. due to federal prohibition.  Buy & Hold Grade To see all exchange delays and terms of use, please see disclaimer. Article printed from InvestorPlace Media, https://investorplace.com/2020/01/why-aphria-stock-could-rise-75-in-2020/. Aphria's stock could deliver handsome returns to shareholders. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors. Now, though, legal producers have more than a year of experience under their belt, and as 2020 progresses, they will more effectively address supply shortages, logistics challenges, and pricing headwinds. 1125 N. Charles St, Baltimore, MD 21201. The market has been neutral on Aphria Inc (APHA) stock recently. Anyone who has ignored the marijuana sector over the last five years has missed out on some truly remarkable returns. Stock Price data may be delayed up to 15 minutes. Find the latest Aphria Inc. (APHA) stock quote, history, news and other vital information to help you with your stock trading and investing. Naturally, they struggled to compete with black market sellers, who had been doing selling cannabis for years. Don't miss out! A company's financial statements are a significant factor weighted by experts when analyzing a company's health. At the same time, a ton of cannabis retail stores will open in 2020. New laws and regulations prompted by COVID-19 are thrusting a new set of industry leaders to the forefront in cannabis investing. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Terms of Service | Privacy Policy. Wall Street is positive on Aphria Inc (APHA). Amid all these favorable developments, beaten-up marijuana stocks will rebound.