LanzaTech Global, Inc. (NASDAQ:LNZA) Receives Consensus Rating of "Hold" from Analysts

Key Points

• LanzaTech Global, Inc. (NASDAQ:LNZA) has received a consensus rating of "Hold" from analysts, with one sell, three hold, and one strong buy rating issued by brokerages.
• The average 12-month price target for LanzaTech Global's stock is $200.00, despite recent fluctuations in analyst ratings.
• Shares of LanzaTech Global have seen a 24.4% increase, currently priced at $29.86, with significant recent activity from institutional investors boosting their stakes.

LanzaTech Global, Inc. (NASDAQ:LNZA - Get Free Report) has been given a consensus rating of "Hold" by the five brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $200.00.

A number of equities research analysts have recently issued reports on the company. Zacks Research raised LanzaTech Global from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Weiss Ratings reiterated a "sell (e+)" rating on shares of LanzaTech Global in a report on Wednesday. Finally, Wall Street Zen downgraded LanzaTech Global from a "hold" rating to a "strong sell" rating in a report on Friday, August 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Qube Research & Technologies Ltd purchased a new position in shares of LanzaTech Global during the second quarter valued at $27,000. SBI Securities Co. Ltd. grew its holdings in shares of LanzaTech Global by 16,556.3% during the first quarter. SBI Securities Co. Ltd. now owns 170,394 shares of the company's stock valued at $41,000 after buying an additional 169,371 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of LanzaTech Global by 1,045.1% during the first quarter. AQR Capital Management LLC now owns 184,346 shares of the company's stock valued at $45,000 after buying an additional 168,247 shares in the last quarter. Nuveen LLC purchased a new position in shares of LanzaTech Global during the first quarter valued at $49,000. Finally, XTX Topco Ltd grew its holdings in shares of LanzaTech Global by 380.5% during the second quarter. XTX Topco Ltd now owns 188,891 shares of the company's stock valued at $51,000 after buying an additional 149,576 shares in the last quarter. Hedge funds and other institutional investors own 17.76% of the company's stock.

LanzaTech Global Stock Up 24.4%

Shares of LanzaTech Global stock opened at $29.86 on Thursday. The stock's fifty day moving average is $25.91 and its 200-day moving average is $26.66. The firm has a market capitalization of $69.28 million and a PE ratio of -0.56. LanzaTech Global has a 12-month low of $14.01 and a 12-month high of $274.00.

About LanzaTech Global

LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.