Evercore ISI analyst Stephen Richardson reiterated a Buy rating on Livent (NYSE:LTHM) Corporation on Friday, setting a price target of $40, which is approximately 32.58% above the present share price of $30.17.
Richardson expects Livent Corporation to post earnings per share (EPS) of -$0.08 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Livent, with an average price target of $32.
The analysts price targets range from a high of $40 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $103.6 million and a net profit of $4.7 million. The company's market cap is $4.87 billion.
According to TipRanks.com, Evercore ISI analyst Stephen Richardson is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.6% and a 48.94% success rate.
Livent Corp . engages in the production of performance lithium compounds. It specializes in battery-grade lithium hydroxide, butyllithium, and purity lithium metal which are used in various performance applications. It operates through the following geographical segments: North America; Europe, Middle East, and Africa; Latin America; and Asia Pacific. The company is headquartered in Philadelphia, PA.