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Loop Industries (LOOP) Stock Forecast & Price Target

Loop Industries logo
$1.34 +0.08 (+6.35%)
(As of 11/7/2024 ET)

Loop Industries - 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

Sell
0
Hold
0
Buy
0

Based on 0 Wall Street analysts who have issued ratings for Loop Industries in the last 12 months, the stock has a consensus rating of "N/A." Out of the 0 analysts, for LOOP.

Consensus Price Target

N/A

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LOOP Analyst Ratings Over Time

TypeCurrent Forecast
11/8/23 to 11/7/24
1 Month Ago
10/9/23 to 10/8/24
3 Months Ago
8/10/23 to 8/9/24
1 Year Ago
11/8/22 to 11/8/23
Strong Buy N/A N/A N/A
0 Strong Buy rating(s)
Buy N/A N/A N/A
1 Buy rating(s)
Hold N/A N/A N/A
1 Hold rating(s)
Sell N/A N/A N/A
0 Sell rating(s)
Consensus Price TargetN/AN/AN/A$7.50
Forecasted UpsideN/AN/AN/A137.34% Upside
Consensus RatingN/AN/AN/A
Moderate Buy

LOOP 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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LOOP 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Loop Industries Stock vs. The Competition

TypeLoop IndustriesBusiness Services CompaniesS&P 500
Consensus Rating Score
0.00
2.67
2.50
Consensus RatingN/AModerate BuyHold
Predicted UpsideN/A321.46% Upside7.42% Upside
News Sentiment Rating
Negative News

See Recent LOOP News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/30/2024Cormark
3 of 5 stars
N. Boychuk
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeModerate Buy
7/14/2023Raymond James
4 of 5 stars
 Lower TargetOutperform$8.00 ➝ $7.50+145.90%
12/29/2022HC Wainwright
2 of 5 stars
A. Dayal
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:42 AM ET.


LOOP Forecast - Frequently Asked Questions

According to analysts, Loop Industries's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Over the previous 90 days, Loop Industries's stock had 1 upgrade by analysts.

Loop Industries has been rated by research analysts at Cormark in the past 90 days.


This page (NASDAQ:LOOP) was last updated on 11/7/2024 by MarketBeat.com Staff
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