Loop Industries Inc has a consensus price target of $19.5 based on the ratings of 2 analysts. The high is $19.5 issued by Raymond James on October 28, 2021. The low is $19.5 issued by Raymond James on October 28, 2021. The 2 most-recent analyst ratings were released by Raymond James and HC Wainwright & Co. on October 28, 2021 and October 7, 2021, respectively. With an average price target of $21.25 between Raymond James and HC Wainwright & Co., there's an implied 1219.88% upside for Loop Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Loop Industries (NASDAQ:LOOP) was reported by HC Wainwright & Co. on December 29, 2022. The analyst firm set a price target for $0.00 expecting LOOP to fall to within 12 months (a possible -100.00% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Loop Industries (NASDAQ:LOOP) was provided by HC Wainwright & Co., and Loop Industries downgraded their neutral rating.
The last upgrade for Loop Industries Inc happened on October 7, 2021 when HC Wainwright & Co. raised their price target to $23. HC Wainwright & Co. previously had a neutral for Loop Industries Inc.
The last downgrade for Loop Industries Inc happened on December 29, 2022 when HC Wainwright & Co. changed their price target from N/A to N/A for Loop Industries Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Loop Industries, 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 Loop Industries was filed on December 29, 2022 so you should expect the next rating to be made available sometime around December 29, 2023.
While ratings are subjective and will change, the latest Loop Industries (LOOP) rating was a downgraded with a price target of $0.00 to $0.00. The current price Loop Industries (LOOP) is trading at is $1.61, which is out of the analyst’s predicted range.
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