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Lithium Americas (LAC) Stock Forecast & Price Target

C$3.05
-0.07 (-2.24%)
(As of 09/6/2024 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

Based on 7 Wall Street analysts who have issued ratings for Lithium Americas in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 4 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for LAC.

Consensus Price Target

C$9.00
195.08% Upside
High ForecastC$12.50
Average ForecastC$9.00
Low ForecastC$7.00

According to the 7 analysts' twelve-month price targets for Lithium Americas, the average price target is C$9.00. The highest price target for LAC is C$12.50, while the lowest price target for LAC is C$7.00. The average price target represents a forecasted upside of 195.08% from the current price of C$3.05.

TypeCurrent Forecast
9/8/23 to 9/7/24
1 Month Ago
8/9/23 to 8/8/24
3 Months Ago
6/10/23 to 6/9/24
1 Year Ago
9/8/22 to 9/8/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$9.00C$9.00C$9.00C$40.50
Forecasted Upside195.08% Upside39.32% Upside39.32% 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
2.57
2.69
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/29/2024Piper Sandler
2 of 5 stars
C. Neivert
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DowngradeStrong-Buy ➝ Hold
6/6/2024National Bankshares
1 of 5 stars
 Set TargetSector PerformC$7.00+64.71%
6/5/2024National Bank Financial
5 of 5 stars
M. Sidibe
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UpgradeHold
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%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:32 PM ET.

LAC Forecast - Frequently Asked Questions

What is Lithium Americas' forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Lithium Americas is C$9.00, with a high forecast of C$12.50 and a low forecast of C$7.00.

Should I buy or sell Lithium Americas stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LAC shares.

Does Lithium Americas's stock price have much upside?

According to analysts, Lithium Americas's stock has a predicted upside of 39.32% based on their 12-month stock forecasts.

Has Lithium Americas been downgraded by Wall Street analysts recently?

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

What analysts cover Lithium Americas?

Lithium Americas has been rated by research analysts at Piper Sandler in the past 90 days.

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

Analysts like Lithium Americas less than other "basic materials" companies. The consensus rating score for Lithium Americas is 2.57 while the average consensus rating score for "basic materials" companies is 2.69. Learn more on how LAC compares to other companies.


This page (TSE:LAC) was last updated on 9/7/2024 by MarketBeat.com Staff

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