Piper Sandler upgraded shares of Arcadium Lithium (NYSE:ALTM – Free Report) from a strong sell rating to a hold rating in a research report report published on Wednesday, Zacks.com reports.
Several other analysts have also weighed in on the stock. Scotiabank raised shares of Arcadium Lithium from a “hold” rating to a “strong-buy” rating in a report on Monday, October 7th. KeyCorp cut Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Hsbc Global Res raised Arcadium Lithium to a “hold” rating in a research note on Thursday, October 10th. Royal Bank of Canada upgraded Arcadium Lithium to a “moderate buy” rating in a research note on Tuesday, June 25th. Finally, TD Cowen downgraded shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 14th. Seven investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $11.00.
Get Our Latest Analysis on Arcadium Lithium
Arcadium Lithium Price Performance
Arcadium Lithium (NYSE:ALTM – Get Free Report) last issued its earnings results on Tuesday, August 6th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $254.50 million during the quarter, compared to analyst estimates of $253.63 million.
Arcadium Lithium Company Profile
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.
Featured Stories
- Five stocks we like better than Arcadium Lithium
- How to Read Stock Charts for Beginners
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- What is the Nikkei 225 index?
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- What is a Dividend King?
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for Arcadium Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcadium Lithium and related companies with MarketBeat.com's FREE daily email newsletter.