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Sigma Lithium

SGMLNASDAQ
$12.27
0.040.33%
Last update: 10:50 AM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$67.00
Lowest Price Target1
$29.00
Consensus Price Target1
$42.00

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Sigma Lithium (NASDAQ:SGML) Stock, Analyst Ratings, Price Targets, Forecasts

Sigma Lithium Corp has a consensus price target of $42 based on the ratings of 3 analysts. The high is $67 issued by Canaccord Genuity on April 18, 2023. The low is $29 issued by B of A Securities on May 20, 2024. The 3 most-recent analyst ratings were released by B of A Securities, BMO Capital, and B of A Securities on May 20, 2024, March 27, 2024, and March 18, 2024, respectively. With an average price target of $29.33 between B of A Securities, BMO Capital, and B of A Securities, there's an implied 147.66% upside for Sigma Lithium Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jan
1
Mar
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
BMO Capital
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Sigma Lithium

Buy NowGet Alert
05/20/2024Buy Now144.85%B of A Securities
John Murphy
$25 → $29MaintainsBuyGet Alert
03/27/2024Buy Now153.29%BMO Capital
Joel Jackson
$38 → $30MaintainsOutperformGet Alert
03/18/2024Buy Now144.85%B of A Securities
John Murphy
$27 → $29MaintainsBuyGet Alert
01/23/2024Buy Now220.84%BMO Capital
Joel Jackson
$40 → $38MaintainsOutperformGet Alert
12/06/2023Buy Now212.39%B of A Securities
John Murphy
→ $37ReinstatesBuy → BuyGet Alert
11/24/2023Buy Now237.72%BMO Capital
Joel Jackson
$44 → $40MaintainsOutperformGet Alert
09/06/2023Buy Now305.27%BMO Capital
Joel Jackson
$50 → $48MaintainsOutperformGet Alert
04/18/2023Buy Now465.69%Canaccord Genuity
Katie Lachapelle
$65 → $67UpgradeSpeculative Buy → BuyGet Alert
01/20/2023Buy Now237.72%BMO Capital
Joel Jackson
→ $40Initiates → OutperformGet Alert
01/06/2022Buy NowB of A Securities
John Murphy
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Sigma Lithium (SGML) stock?

A

The latest price target for Sigma Lithium (NASDAQ:SGML) was reported by B of A Securities on May 20, 2024. The analyst firm set a price target for $29.00 expecting SGML to rise to within 12 months (a possible 136.35% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sigma Lithium (SGML)?

A

The latest analyst rating for Sigma Lithium (NASDAQ:SGML) was provided by B of A Securities, and Sigma Lithium maintained their buy rating.

Q

When was the last upgrade for Sigma Lithium (SGML)?

A

The last upgrade for Sigma Lithium Corp happened on April 18, 2023 when Canaccord Genuity raised their price target to $67. Canaccord Genuity previously had a speculative buy for Sigma Lithium Corp.

Q

When was the last downgrade for Sigma Lithium (SGML)?

A

There is no last downgrade for Sigma Lithium.

Q

When is the next analyst rating going to be posted or updated for Sigma Lithium (SGML)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sigma 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 Sigma Lithium was filed on May 20, 2024 so you should expect the next rating to be made available sometime around May 20, 2025.

Q

Is the Analyst Rating Sigma Lithium (SGML) correct?

A

While ratings are subjective and will change, the latest Sigma Lithium (SGML) rating was a maintained with a price target of $25.00 to $29.00. The current price Sigma Lithium (SGML) is trading at is $12.27, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.