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Lithium Americas (LAC) Stock Forecast & Price Target

$3.89
-0.16 (-3.95%)
(As of 11:57 AM 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

Moderate Buy
Based on 12 Analyst Ratings

Consensus Price Target

$11.46
194.49% Upside
High Forecast$29.00
Average Forecast$11.46
Low Forecast$5.10
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$11.46$12.18$17.13$35.83
Forecasted Upside194.49% Upside40.87% Upside58.97% Upside50.36% 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 CompaniesS&P 500
Consensus Rating Score
2.67
2.58
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside182.50% Upside415.99% Upside8.73% Upside
News Sentiment RatingPositive News
Neutral News
Positive 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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Lower TargetBuy$13.50 ➝ $10.00+121.24%
4/19/2024HSBC
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 Lower TargetHold ➝ Hold$6.50 ➝ $5.10+8.74%
3/18/2024JPMorgan Chase & Co.
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 Boost TargetNeutral$5.50 ➝ $7.00+21.11%
3/18/2024Scotiabank
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B. Isaacson
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DowngradeSector Outperform ➝ Sector Perform$15.00 ➝ $7.00+8.19%
3/15/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$13.00 ➝ $9.00+57.34%
11/15/2023National Bank Financial
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 Initiated CoverageOutperform
10/31/2023Canaccord Genuity Group
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 Initiated CoverageSpeculative Buy
10/18/2023Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy ➝ Hold$25.00 ➝ $7.00-23.16%
10/16/2023B. Riley
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 Initiated CoverageBuy$14.00+62.60%
10/5/2023Stifel Canada
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C. Mcgill
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Reiterated RatingBuy
10/5/2023Stifel Nicolaus
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 Initiated CoverageBuy$15.00+27.99%
9/1/2023Piper Sandler
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 Lower TargetOverweight ➝ Overweight$33.00 ➝ $29.00+58.21%
3/8/2023Pi Financial
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J. Stevens
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Reiterated RatingBuy
2/8/2023National Bankshares
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 Boost TargetOutperform$38.50 ➝ $42.50+63.65%
10/28/2022TD Securities
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 Boost TargetC$35.00 ➝ C$40.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:01 PM ET.

LAC Frequently Asked Questions

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

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Lithium Americas is $11.46, with a high forecast of $29.00 and a low forecast of $5.10. The consensus rating for Lithium Americas stock is Moderate Buy based on the current 4 hold ratings and 8 buy ratings 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 score for Lithium Americas is 2.67 while the average consensus rating score for "basic materials" companies is 2.59. Learn more on how LAC compares to other companies.

Is Lithium Americas being downgraded by Wall Street analysts?

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

Does Lithium Americas's stock price have much upside?

According to analysts, Lithium Americas's stock has a predicted upside of 37.56% based on their 12-month stock forecasts.

What analysts cover Lithium Americas?

Lithium Americas has been rated by research analysts at Eight Capital, Evercore ISI, HSBC, JPMorgan Chase & Co., and Scotiabank in the past 90 days.


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This page (NYSE:LAC) was last updated on 5/23/2024 by MarketBeat.com Staff

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