Do Analysts Agree Wednesday on Livent Corp (LTHM) Stock's Target Price?

Wednesday, May 25, 2022 01:15 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Livent Corp (LTHM) an Analyst Rating Rank of 19, meaning LTHM is ranked higher by analysts than 19% of stocks. The average price target for LTHM is $31.285 and analyst’s rate the stock as a Buy.

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

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 Livent Corp Stock Today?

Livent Corp (LTHM) stock is down -4.76% while the S&P 500 has risen 0.06% as of 1:08 PM on Wednesday, May 25. LTHM has fallen -$1.39 from the previous closing price of $29.20 on volume of 1,834,274 shares. Over the past year the S&P 500 has fallen -5.83% while LTHM has risen 54.50%. LTHM earned $0.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 106.77. Click Here to get the full Stock Report for Livent Corp stock.

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