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Piedmont Lithium Inc has a consensus price target of $43.13 based on the ratings of 12 analysts. The high is $95 issued by B. Riley Securities on August 10, 2023. The low is $7.8 issued by Macquarie on October 16, 2024. The 3 most-recent analyst ratings were released by BMO Capital, Macquarie, and Roth MKM on November 29, 2024, November 21, 2024, and October 30, 2024, respectively. With an average price target of $19.5 between BMO Capital, Macquarie, and Roth MKM, there's an implied 116.19% upside for Piedmont Lithium Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Piedmont Lithium (NASDAQ:PLL) was reported by BMO Capital on November 29, 2024. The analyst firm set a price target for $14.00 expecting PLL to rise to within 12 months (a possible 55.21% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Piedmont Lithium (NASDAQ:PLL) was provided by BMO Capital, and Piedmont Lithium maintained their market perform rating.
The last upgrade for Piedmont Lithium Inc happened on November 21, 2024 when Macquarie raised their price target to $13.5. Macquarie previously had an underperform for Piedmont Lithium Inc.
The last downgrade for Piedmont Lithium Inc happened on October 21, 2024 when JP Morgan changed their price target from $9 to $8 for Piedmont Lithium Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Piedmont Lithium, 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 Piedmont Lithium was filed on November 29, 2024 so you should expect the next rating to be made available sometime around November 29, 2025.
While ratings are subjective and will change, the latest Piedmont Lithium (PLL) rating was a maintained with a price target of $9.50 to $14.00. The current price Piedmont Lithium (PLL) is trading at is $9.02, which is out of the analyst’s predicted range.
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