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Lithium Americas (LAC) Stock Forecast & Price Target

C$4.95
-0.31 (-5.89%)
(As of 05/28/2024 ET)

Lithium Americas - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 5 Analyst Ratings

Consensus Price Target

C$12.00
142.42% Upside
High ForecastC$16.00
Average ForecastC$12.00
Low ForecastC$7.50
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Buy
Hold
Hold
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$12.00C$22.75C$22.75C$40.50
Forecasted Upside142.42% Upside103.36% Upside103.36% Upside18.85% Upside
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LAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lithium Americas Stock vs. The Competition

TypeLithium AmericasBasic Materials Companies
Consensus Rating Score
3.00
2.59
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/14/2024Eight Capital
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P. Singh
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UpgradeStrong-Buy
2/8/2024JPMorgan Chase & Co.
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 Lower TargetNeutralC$10.00 ➝ C$7.50+33.93%
11/15/2023National Bankshares
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 Set TargetOutperformC$16.00+55.49%
10/26/2023Pi Financial
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 Lower TargetBuyC$13.50 ➝ C$12.50+31.16%
10/5/2023Stifel Canada
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C. Mcgill
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Reiterated RatingBuy
5/16/2023Scotiabank
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B. Isaacson
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DowngradeSector Outperform ➝ Sector Underperform
5/8/2023Canaccord Genuity Group
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 Boost TargetC$50.00 ➝ C$55.00+100.22%
11/16/2022Evercore ISI
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 Initiated CoverageBuyC$35.00+1.57%
11/4/2022B. Riley
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M. Key
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Reiterated RatingBuy
10/28/2022TD Securities
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 Boost TargetHoldC$35.00 ➝ C$40.00+17.23%
10/28/2022BMO Capital Markets
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 Boost TargetC$30.00 ➝ C$35.00+2.58%
9/19/2022Piper Sandler
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Charles Neivert
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Initiated CoverageBuyC$38.00-2.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:09 PM ET.

LAC Frequently Asked Questions

What is Lithium Americas's stock forecast and purchase recommendation?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Lithium Americas is C$12.00, with a high forecast of C$16.00 and a low forecast of C$7.50. The consensus rating for Lithium Americas stock is Buy based on the current 1 hold rating, 3 buy ratings and 1 strong buy rating for LAC. Learn more on LAC's analyst rating history.

Do Wall Street analysts like Lithium Americas more than its competitors?

Analysts like Lithium Americas more than other "basic materials" companies. The consensus rating for Lithium Americas is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how LAC compares to other companies.

Is Lithium Americas being upgraded by Wall Street analysts?

Over the previous 90 days, Lithium Americas's stock had 1 upgrade by analysts.

Does Lithium Americas's stock price have much upside?

According to analysts, Lithium Americas's stock has a predicted upside of 41.62% based on their 12-month stock forecasts.

What analysts cover Lithium Americas?

Lithium Americas has been rated by research analysts at Eight Capital in the past 90 days.


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This page (TSE:LAC) was last updated on 5/28/2024 by MarketBeat.com Staff

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