Canaccord Genuity analyst Katie Lachapelle maintained a Buy rating on Lithium Americas (NYSE:LAC) Corp on Tuesday, setting a price target of C$30.5, which is approximately 27.79% above the present share price of $18.9.
Lachapelle expects Lithium Americas Corp to post earnings per share (EPS) of -$0.07 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Lithium Americas, with an average price target of $21.03.
The analysts price targets range from a high of $24.15 to a low of $16.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $0 and a net profit of -$5.87 million. The company's market cap is $2.26 billion.
According to TipRanks.com, Canaccord Genuity analyst Katie Lachapelle is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 56.6% and a 84.00% success rate.
Lithium Americas Corp. is a resource company, which engages in advancing lithium development projects. It operates through the following business segments: Organoclay, Lithium Nevada, and Cauchari-Olaroz. The company was founded by Raymond Edward Flood, Jr. on November 27, 2007 and is headquartered in Vancouver, Canada.