Livent (LTHM) Research Coverage Started at Citigroup
Citigroup started coverage on shares of Livent (NASDAQ:LTHM) in a research report report published on Monday morning, MarketBeat reports. The firm issued a buy rating and a $20.00 price objective on the stock.
Several other research analysts have also recently issued reports on LTHM. Bank of America assumed coverage on shares of Livent in a report on Monday. They issued a buy rating and a $20.00 target price for the company. Goldman Sachs Group initiated coverage on shares of Livent in a report on Monday. They issued a buy rating and a $22.00 target price for the company. Seaport Global Securities reiterated a buy rating on shares of Livent in a research report on Friday, October 26th. Vertical Research initiated coverage on shares of Livent in a research report on Monday, October 22nd. They issued a buy rating and a $20.00 price target for the company. Finally, BMO Capital Markets initiated coverage on shares of Livent in a research report on Monday, October 29th. They issued a market perform rating and a $18.00 price target for the company. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of $20.00.
Shares of Livent stock traded up $0.03 during trading hours on Monday, hitting $17.93. The company had a trading volume of 19,972 shares, compared to its average volume of 1,566,137. Livent has a twelve month low of $14.00 and a twelve month high of $18.47.
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.
See Also: How Do You Make Money With Penny Stocks?
Receive News & Ratings for Livent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Livent and related companies with MarketBeat.com's FREE daily email newsletter.