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Do Analysts Expect Lion Electric Co (LEV) Stock to Rise After It Is Lower By -0.57% in a Month?

Monday, December 04, 2023 01:18 PM | InvestorsObserver Analysts

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Do Analysts Expect Lion Electric Co (LEV) Stock to Rise After It Is Lower By -0.57% in a Month?

InvestorsObserver is giving Lion Electric Co (LEV) an Analyst Rating Rank of 33, meaning LEV is ranked higher by analysts than 33% of stocks. The average price target for LEV is $3.385 and analyst’s rate the stock as a Buy.

Overall Score - 3.9
Wall Street analysts are rating LEV a Buy today. Find out what this means to you and get the rest of the rankings on LEV!

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 Lion Electric Co Stock Today?

Lion Electric Co (LEV) stock has gained 2.96% while the S&P 500 is down -0.6% as of 1:13 PM on Monday, Dec 4. LEV has risen $0.05 from the previous closing price of $1.69 on volume of 298,082 shares. Over the past year the S&P 500 has gained 14.21% while LEV is down -42.38%. LEV lost -$0.23 per share the over the last 12 months. Click Here to get the full Stock Report for Lion Electric Co stock.

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