Brokerages Set Lithium Americas Corp. (NYSE:LAC) Price Target at $5.56

Lithium Americas Corp. (NYSE:LAC – Get Free Report) has earned an average rating of “Hold” from the eleven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price [...]

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Lithium Americas Corp. ( NYSE:LAC – Get Free Report ) has earned an average rating of “Hold” from the eleven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

The average 12-month target price among brokers that have issued a report on the stock in the last year is $5.56. Several equities research analysts have recently weighed in on the stock.



Scotiabank decreased their price objective on shares of Lithium Americas from $3.00 to $2.50 and set a “sector perform” rating for the company in a research report on Friday, October 18th.

Wedbush began coverage on Lithium Americas in a report on Thursday, December 19th. They set a “neutral” rating and a $5.00 price target for the company.

B. Riley boosted their price objective on Lithium Americas from $4.50 to $5.

00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. National Bank Financial raised Lithium Americas from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 17th. Finally, BMO Capital Markets raised Lithium Americas to a “hold” rating in a research note on Wednesday, October 23rd.

Get Our Latest Report on Lithium Americas Institutional Investors Weigh In On Lithium Americas Lithium Americas Stock Performance NYSE:LAC opened at $3.17 on Thursday. The company has a market capitalization of $699.

57 million and a PE ratio of -26.42. Lithium Americas has a fifty-two week low of $2.

02 and a fifty-two week high of $7.71. The company has a 50 day simple moving average of $3.

64 and a two-hundred day simple moving average of $2.99. Lithium Americas Company Profile ( Get Free Report Lithium Americas Corp.

engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.

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