Analyst Rating: Will Lannett Company, Inc. (LCI) Stock Do Better Than the Market?

Friday, September 17, 2021 10:23 AM | InvestorsObserver Analysts

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InvestorsObserver is giving Lannett Company, Inc. (LCI) an Analyst Rating Rank of 4, meaning LCI is ranked higher by analysts than 4% of stocks. The average price target for LCI is $6 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating LCI a Hold today. Find out what this means to you and get the rest of the rankings on LCI!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Lannett Company, Inc. Stock Today?

Lannett Company, Inc. (LCI) stock has gained 0.83% while the S&P 500 is down -0.54% as of 10:16 AM on Friday, Sep 17. LCI has risen $0.02 from the previous closing price of $3.03 on volume of 57,225 shares. Over the past year the S&P 500 has gained 32.54% while LCI is down -50.65%. LCI lost -$9.23 per share the over the last 12 months. Click Here to get the full Stock Report for Lannett Company, Inc. stock.

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