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

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!

See Full LTHM 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 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.