Arcadium Lithium plc (NYSE:ALTM – Get Free Report) has earned an average rating of “Hold” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $11.00.
A number of research firms have recently issued reports on ALTM. Hsbc Global Res upgraded shares of Arcadium Lithium to a “hold” rating in a research note on Thursday. Raymond James downgraded Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a research report on Thursday. UBS Group upgraded Arcadium Lithium to a “hold” rating in a report on Tuesday, September 3rd. KeyCorp lowered shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a report on Thursday. Finally, Scotiabank raised shares of Arcadium Lithium from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 7th.
View Our Latest Report on ALTM
Arcadium Lithium Stock Performance
Arcadium Lithium (NYSE:ALTM – Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.05. The company had revenue of $254.50 million for the quarter, compared to analyst estimates of $253.63 million.
About Arcadium Lithium
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
- Trading Stocks: RSI and Why it’s Useful
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
- Options Trading – Understanding Strike Price
- China’s EV Rally: Should Investors Chase, Avoid, or Buy the Dip?
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- MarketBeat Week in Review – 10/7 – 10/11
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.