Wall Street is positive on Li-Cycle Holdings Corp (LICY). On average, analysts give the stock a Buy rating. The average price target is $2.252, which means analysts expect the stock to gain by 208.49% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 14, which is better than 14% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating LICY a Buy today. Find out what this means to you and get the rest of the rankings on LICY!
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 Li-Cycle Holdings Corp Stock Today?
Li-Cycle Holdings Corp (LICY) stock is flat 0.15% while the S&P 500 is higher by 0.61% as of 9:39 AM on Wednesday, Nov 22. LICY is unmoved $0.00 from the previous closing price of $0.73 on volume of 132,379 shares. Over the past year the S&P 500 has gained 14.04% while LICY is down -87.69%. LICY lost -$1.15 per share the over the last 12 months.
Click Here to get the full Stock Report for Li-Cycle Holdings Corp stock.
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