Largo Resources Stock Target Price and Analyst Consensus

LGO Stock  USD 2.10  0.07  3.23%   
The current analyst and expert consensus on Largo Resources is Buy, with no strong buy opinions. The current projected Largo Resources target price consensus is 8.00 with 3 analyst opinions. Check out Macroaxis Advice on Largo Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
The most common way Largo Resources analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Largo Resources executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Largo Resources. We encourage you to use your own analysis of Largo Resources to validate this buy or sell advice. Largo Resources buy-or-sell recommendation module provides average expert sentiment on the projected Largo Resources target price to derive its highest and lowest estimates based on projected price volatility of 4.6316.
Lowest Forecast
7.28
Highest Forecast
8.88
Target Price
8
As of the 29th of November 2024, Gross Profit Margin is likely to grow to 0.13, while Gross Profit is likely to drop about 11.1 M. At this time, Largo Resources' Inventory is very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 9.8 M, while Total Assets are likely to drop about 201.9 M.
  
It's important to approach Largo Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Largo Resources price targets

Largo Resources' stock target price is an estimate of its future price, usually made by analysts. Using Largo Resources' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Largo Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Largo Resources' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Largo Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Largo Resources is a key component of Largo Resources valuation and have some predictive power on the future returns of a Largo Resources.
Hype
Prediction
LowEstimatedHigh
0.112.106.73
Details
Intrinsic
Valuation
LowRealHigh
0.173.488.11
Details
Naive
Forecast
LowNextHigh
0.042.116.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.16-0.16-0.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Largo Resources. Your research has to be compared to or analyzed against Largo Resources' peers to derive any actionable benefits. When done correctly, Largo Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Largo Resources.

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When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:
Check out Macroaxis Advice on Largo Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.