Credit Suisse analyst Chris Parkinson maintained a Buy rating on Livent Corporation (LTHM) yesterday and set a price target of $20. The company’s shares closed yesterday at $14.26.
According to TipRanks.com, Parkinson is a 1-star analyst with an average return of -1.8% and a 47.9% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sherwin-Williams Company, and Axalta Coating Systems.
Currently, the analyst consensus on Livent Corporation is a Strong Buy with an average price target of $20.56.
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The company has a one-year high of $19.90 and a one-year low of $12.10. Currently, Livent Corporation has an average volume of 1.52M.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LTHM in relation to earlier this year.
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Livent Corp. engages in the production of performance lithium compounds. It specializes in battery-grade lithium hydroxide, butyllithium, and purity lithium metal which are used in various performance applications. It operates through the following geographical segments: North America; Europe, Middle East, and Africa; Latin America; and Asia Pacific.
