$2.95
00.00%
At Close: -
$2.99
0.041.36%
After Hours: Jul 2, 4:15 PM EDT
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Local Bounti
LOCLNYSE
Local Bounti (NYSE:LOCL) Stock, Analyst Ratings, Price Targets, Predictions
Local Bounti Corp has a consensus price target of $3.25, established from looking at the 13 latest analyst ratings. The last 3 analyst ratings were released from Deutsche Bank, Oppenheimer, and Roth MKM on October 31, 2023, May 26, 2023, and April 3, 2023. With an average price target of $2.33 between Deutsche Bank, Oppenheimer, and Roth MKM, there's an implied -21.96% downside for Local Bounti Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Deutsche Bank
Oppenheimer
Roth MKM
Lake Street
Deutsche Bank
1calculated from analyst ratings
Analyst Ratings for Local Bounti
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 10/31/2023 | Buy Now | -66.56% | Deutsche Bank | Christopher Barnes | $6 → $1 | Downgrade | Buy → Hold | Get Alert |
| 05/26/2023 | Buy Now | 0.33% | Oppenheimer | Colin Rusch | → $39 | Reiterates | Outperform → Outperform | Get Alert |
| 04/03/2023 | Buy Now | 0.33% | Roth MKM | Brian Wright | $78 → $39 | Maintains | Buy | Get Alert |
| 03/30/2023 | Buy Now | 0.33% | Lake Street | Ben Klieve | $136.5 → $39 | Maintains | Buy | Get Alert |
| 03/30/2023 | Buy Now | 0.33% | Oppenheimer | Colin Rusch | $169 → $39 | Maintains | Outperform | Get Alert |
| 03/20/2023 | Buy Now | -33.11% | Deutsche Bank | Steve Powers | $117 → $26 | Maintains | Buy | Get Alert |
| 11/11/2022 | Buy Now | -8.03% | Morgan Stanley | Pamela Kaufman | $52 → $35.75 | Maintains | Equal-Weight | Get Alert |
| 08/16/2022 | Buy Now | 33.78% | Morgan Stanley | Pamela Kaufman | $78 → $52 | Maintains | Equal-Weight | Get Alert |
| 06/02/2022 | Buy Now | 100.67% | Morgan Stanley | Pamela Kaufman | $110.5 → $78 | Maintains | Equal-Weight | Get Alert |
| 04/20/2022 | Buy Now | 184.28% | Morgan Stanley | Pamela Kaufman | → $110.5 | Initiates | → Equal-Weight | Get Alert |
| 01/04/2022 | Buy Now | 201% | Deutsche Bank | Christopher Barnes | → $117 | Initiates | → Buy | Get Alert |
| 12/22/2021 | Buy Now | 267.89% | Oppenheimer | Colin Rusch | → $143 | Initiates | → Outperform | Get Alert |
| 12/21/2021 | Buy Now | 167.56% | Roth Capital | Brian White | → $104 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Local Bounti (LOCL) stock?
The latest price target for Local Bounti (NYSE:LOCL) was reported by Deutsche Bank on October 31, 2023. The analyst firm set a price target for $1.00 expecting LOCL to fall to within 12 months (a possible -66.56% downside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Local Bounti (LOCL)?
The latest analyst rating for Local Bounti (NYSE:LOCL) was provided by Deutsche Bank, and Local Bounti downgraded their hold rating.
When was the last upgrade for Local Bounti (LOCL)?
There is no last upgrade for Local Bounti
When was the last downgrade for Local Bounti (LOCL)?
The last downgrade for Local Bounti Corp happened on October 31, 2023 when Deutsche Bank changed their price target from $6 to $1 for Local Bounti Corp.
When is the next analyst rating going to be posted or updated for Local Bounti (LOCL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Local Bounti, 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 Local Bounti was filed on October 31, 2023 so you should expect the next rating to be made available sometime around October 31, 2024.
Is the Analyst Rating Local Bounti (LOCL) correct?
While ratings are subjective and will change, the latest Local Bounti (LOCL) rating was a downgraded with a price target of $6.00 to $1.00. The current price Local Bounti (LOCL) is trading at is $2.99, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.