Li-Cycle Holdings Corp has a consensus price target of $6.29 based on the ratings of 13 analysts. The high is $10 issued by BMO Capital on September 15, 2022. The low is $0.51 issued by Morgan Stanley on November 16, 2023. The 3 most-recent analyst ratings were released by Chardan Capital, Morgan Stanley, and UBS on April 19, 2024, November 16, 2023, and November 16, 2023, respectively. With an average price target of $0.67 between Chardan Capital, Morgan Stanley, and UBS, there's an implied -70.48% downside for Li-Cycle Holdings Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Li-Cycle Holdings (NYSE:LICY) was reported by Chardan Capital on April 19, 2024. The analyst firm set a price target for $0.75 expecting LICY to fall to within 12 months (a possible -66.96% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Li-Cycle Holdings (NYSE:LICY) was provided by Chardan Capital, and Li-Cycle Holdings maintained their neutral rating.
There is no last upgrade for Li-Cycle Holdings
The last downgrade for Li-Cycle Holdings Corp happened on November 16, 2023 when Chardan Capital changed their price target from N/A to N/A for Li-Cycle Holdings Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Li-Cycle Holdings, 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 Li-Cycle Holdings was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Li-Cycle Holdings (LICY) rating was a maintained with a price target of $0.00 to $0.75. The current price Li-Cycle Holdings (LICY) is trading at is $2.27, which is out of the analyst’s predicted range.
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