NASDAQ:LITE - Lumentum Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $61.93 +3.49 (+5.97 %) (As of 10/16/2018 04:00 PM ET)Previous Close$58.44Today's Range$58.62 - $62.5652-Week Range$41.95 - $74.40Volume1.55 million shsAverage Volume1.93 million shsMarket Capitalization$3.80 billionP/E Ratio19.11Dividend YieldN/ABeta0.19 Company ProfileDiscussionAnalyst RatingsChartEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Lumentum (NASDAQ:LITE) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.19 Wall Street analysts have issued ratings and price targets for Lumentum in the last 12 months. Their average twelve-month price target is $80.6842, suggesting that the stock has a possible upside of 30.28%. The high price target for LITE is $98.00 and the low price target for LITE is $66.00. There are currently 1 hold rating, 16 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus rating of "Buy."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: BuyBuyBuyBuyConsensus Rating Score: 3.053.002.892.94Ratings Breakdown: 0 Sell Rating(s)1 Hold Rating(s)16 Buy Rating(s)2 Strong Buy Rating(s)0 Sell Rating(s)2 Hold Rating(s)15 Buy Rating(s)2 Strong Buy Rating(s)0 Sell Rating(s)2 Hold Rating(s)16 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)1 Hold Rating(s)15 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $80.6842$80.9474$81.3333$82.40Price Target Upside: 30.28% upside19.22% upside35.22% upside35.64% upsideLumentum (NASDAQ:LITE) Consensus Price Target History Lumentum (NASDAQ:LITE) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails10/11/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$80.00Low10/1/2018Northland SecuritiesBoost Price TargetOutperform ➝ Outperform$86.00 ➝ $90.00Low9/5/2018Needham & Company LLCBoost Price TargetStrong-Buy ➝ Strong-Buy$80.00 ➝ $90.00Low8/22/2018Raymond JamesLower Price TargetStrong-Buy ➝ Strong-Buy$99.00 ➝ $85.00Low8/9/2018MKM PartnersLower Price TargetBuy$78.00Low8/9/2018BarclaysBoost Price TargetOverweight ➝ Overweight$68.00 ➝ $70.00Low8/9/2018DA DavidsonBoost Price TargetBuy$92.00 ➝ $98.00Low8/8/2018Craig HallumSet Price TargetBuy$85.00Medium8/8/2018Piper Jaffray CompaniesReiterated RatingOverweight$85.00Medium8/7/2018Loop CapitalLower Price TargetBuy$73.00Medium7/17/2018Cascend SecuritiesInitiated CoverageBuy$70.00Low6/20/2018Goldman Sachs GroupUpgradeNeutral ➝ Buy$79.00Low6/5/2018Rosenblatt SecuritiesReiterated RatingBuy$80.00Low5/3/2018Drexel HamiltonSet Price TargetBuy$85.00Low5/2/2018UBS GroupBoost Price Target$75.00 ➝ $80.00Low4/11/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Hold$60.00 ➝ $66.00High3/15/2018Stifel NicolausReiterated RatingBuy$79.00Medium2/7/2018B. RileyReiterated RatingBuy ➝ Buy$81.00 ➝ $85.00Medium11/1/2017Jefferies Financial GroupReiterated RatingBuy ➝ Buy$75.00N/A(Data available from 10/16/2016 forward) This page was last updated on 10/16/2018 by MarketBeat.com StaffFeatured Article: What is the float in trading stocks?