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

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!

See Full LCI Report

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.