LiCycle Holdings Stock Target Price and Analyst Consensus
| LICY Stock | USD 2.34 0.19 8.84% |
The current analyst and expert consensus on LiCycle Holdings is Buy, with no strong buy opinions. The current projected LiCycle Holdings target price consensus is 7.13 with 3 analyst opinions. Check out Macroaxis Advice on LiCycle Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. The most common way LiCycle Holdings Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview LiCycle Holdings 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 LiCycle Holdings. We encourage you to use your own analysis of LiCycle Holdings Corp to validate this buy or sell advice. LiCycle Holdings buy-or-sell recommendation module provides average expert sentiment on the projected LiCycle Holdings Corp target price to derive its highest and lowest estimates based on projected price volatility of 9.7104.
Lowest Forecast 6.49 | Highest Forecast 7.91 | Target Price 7.13 |
LiCycle |
It's important to approach LiCycle Holdings' 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 LiCycle Holdings price targets
LiCycle Holdings' stock target price is an estimate of its future price, usually made by analysts. Using LiCycle Holdings' target price to determine if it is a suitable investment can be done through the following steps:- Look at LiCycle Holdings' 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 LiCycle Holdings' 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.
Additional LiCycle Holdings 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 LiCycle Holdings is a key component of LiCycle Holdings valuation and have some predictive power on the future returns of a LiCycle Holdings.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LiCycle Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Additional Tools for LiCycle Stock Analysis
When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.