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Do Analysts Agree Wednesday on Lannett Company, Inc. (LCI) Stock's Target Price?

Wednesday, December 08, 2021 11:16 AM | InvestorsObserver Analysts

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Do Analysts Agree Wednesday on Lannett Company, Inc. (LCI) Stock's Target Price?

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 $5 and analyst’s rate the stock as a Hold.

Overall Score - 3
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?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

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

Lannett Company, Inc. (LCI) stock is trading at $2.05 as of 11:15 AM on Wednesday, Dec 8, a loss of -$0.01, or -0.73% from the previous closing price of $2.06. The stock has traded between $2.01 and $2.12 so far today. Volume today is below average. So far 114,081 shares have traded compared to average volume of 542,297 shares. Click Here to get the full Stock Report for Lannett Company, Inc. stock.

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