Livent Corporation (NASDAQ:LTHM) has received a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $20.20.

A number of equities research analysts recently commented on LTHM shares. HSBC started coverage on shares of Livent in a research note on Monday. They issued a “buy” rating and a $22.00 price objective on the stock. Seaport Global Securities reissued a “buy” rating on shares of Livent in a research note on Friday, October 26th. Vertical Research started coverage on shares of Livent in a research note on Monday, October 22nd. They issued a “buy” rating and a $20.00 price objective on the stock. Loop Capital started coverage on shares of Livent in a research note on Friday, November 9th. They issued a “buy” rating and a $22.00 price objective on the stock. Finally, Nomura started coverage on shares of Livent in a research note on Monday, November 5th. They issued a “buy” rating and a $20.00 price objective on the stock.

NASDAQ LTHM traded down $0.46 during trading hours on Friday, reaching $16.80. The company’s stock had a trading volume of 943,200 shares, compared to its average volume of 1,393,328. Livent has a fifty-two week low of $14.00 and a fifty-two week high of $19.90.

Livent (NASDAQ:LTHM) last issued its quarterly earnings data on Tuesday, November 6th. The company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. The business had revenue of $112.00 million during the quarter, compared to analyst estimates of $113.40 million.

Livent Company Profile

Livent Corporation manufactures and sells performance lithium compounds that are used primarily in energy storage, specialty polymers, and chemical synthesis application. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and supplies butyllithium, which is used as a synthesizer in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in the production of lightweight materials for aerospace applications and non-rechargeable batteries.

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Analyst Recommendations for Livent (NASDAQ:LTHM)

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