Lithium Americas Corp has a consensus price target of $15.04 based on the ratings of 12 analysts. The high is $44 issued by B. Riley Securities on November 24, 2021. The low is $2.5 issued by Scotiabank on October 18, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Scotiabank, and Deutsche Bank on November 12, 2024, October 18, 2024, and August 16, 2024, respectively. With an average price target of $3.33 between B. Riley Securities, Scotiabank, and Deutsche Bank, there's an implied -11.11% downside for Lithium Americas Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lithium Americas (NYSE:LAC) was reported by B. Riley Securities on November 12, 2024. The analyst firm set a price target for $5.00 expecting LAC to rise to within 12 months (a possible 33.33% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Lithium Americas (NYSE:LAC) was provided by B. Riley Securities, and Lithium Americas maintained their buy rating.
The last upgrade for Lithium Americas Corp happened on January 12, 2022 when Cowen & Co. raised their price target to $40. Cowen & Co. previously had a market perform for Lithium Americas Corp.
The last downgrade for Lithium Americas Corp happened on October 18, 2023 when Deutsche Bank changed their price target from $25 to $7 for Lithium Americas Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lithium Americas, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lithium Americas was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Lithium Americas (LAC) rating was a maintained with a price target of $4.50 to $5.00. The current price Lithium Americas (LAC) is trading at is $3.75, which is out of the analyst’s predicted range.
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