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Analysts Set Arcadium Lithium plc (NYSE:ALTM) Target Price at $11.00

Arcadium Lithium logo with Basic Materials background

Arcadium Lithium plc (NYSE:ALTM - Get Free Report) has been assigned a consensus rating of "Hold" from the ten brokerages that are covering the firm, Marketbeat reports. Ten research analysts have rated the stock with a hold rating. The average 12-month target price among brokerages that have covered the stock in the last year is $11.00.

A number of equities analysts recently issued reports on the stock. Argus cut shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 12th. Scotiabank downgraded shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 11th. Finally, B. Riley downgraded shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 12th.

Check Out Our Latest Research Report on Arcadium Lithium

Arcadium Lithium Trading Up 0.1 %

Arcadium Lithium stock traded up $0.01 during mid-day trading on Friday, hitting $5.83. The company had a trading volume of 22,350,335 shares, compared to its average volume of 18,299,781. Arcadium Lithium has a 12 month low of $2.19 and a 12 month high of $5.83. The company has a market capitalization of $6.27 billion, a PE ratio of 21.57 and a beta of 1.45. The stock's 50 day moving average price is $5.47 and its two-hundred day moving average price is $4.48.

About Arcadium Lithium

(Get Free Report

Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.

Further Reading

Analyst Recommendations for Arcadium Lithium (NYSE:ALTM)

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