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Do Analysts Expect Lilium NV (LILM) Stock to Rise After It Has Fallen -35.85% in a Month?

Friday, March 24, 2023 02:36 PM | InvestorsObserver Analysts

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Do Analysts Expect Lilium NV (LILM) Stock to Rise After It Has Fallen -35.85% in a Month?

Analysts who follow Lilium NV (LILM) on average expect it to add 414.71% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 17, which means it ranks higher than 17 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating LILM a Buy today. Find out what this means to you and get the rest of the rankings on LILM!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Lilium NV Stock Today?

Lilium NV (LILM) stock is trading at $0.68 as of 2:28 PM on Friday, Mar 24, a drop of -$0.12, or -14.5% from the previous closing price of $0.80. The stock has traded between $0.67 and $0.77 so far today. Volume today is above average. So far 3,205,688 shares have traded compared to average volume of 1,418,035 shares. Click Here to get the full Stock Report for Lilium NV stock.

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