• Ralph Lauren Lac Stock Forecast 2025

$436.000 value
$245.00 (15% off)VIPapplied$436.000

Price momentum indicators place LAC stock forecast 2025 in a potential upward channel, contingent on positive Q4 2024 earnings and stable lithium prices above $25,000 per tonne. Shares of Vancouver-based Lithium Americas Corp. (TSX: LAC) spiked on Oct. 1 after the miner announced an agreement for the U.S. Department of Energy (DOE) to acquire a five per cent equity stake in the company, plus a five per cent stake in its Thacker Pass lithium joint venture with General Motors Co. in Nevada. This allows LAC to get an advance of about US$435 million and delay US$182 million of debt service on a US$2.26 billion DOE loan. But several analysts were skeptical about the deal, with Bank of Montreal (BMO) analysts characterizing it as “the DOE is receiving essentially free stakes in Thacker Pass and LAC in return for loan repayment deferrals,” in a note. “It’s hard to spin this transaction as anything other than what it is: dilutive” for shareholders, Bank of Nova Scotia analyst Ben Isaacson wrote in a note. “We believe that the recent run-up in the stock price is overdone,” Canaccord Genuity Corp. Canada analysts wrote in a note to clients. Still, analysts maintained or raised their price targets. BMO raised its target price from US$3.50 to US$5. Canaccord Genuity maintained its price target at C$6.50. Stifel Nicolaus maintained its price target at C$7. Scotiabank maintained its price target at US$2.75. Wedbush Securities raised its price target from US$5 to US$8. On Friday, the company’s Toronto-listed stock closed at $12.64 and is up nearly 195 per cent this year. Add Quiver Quantitative to your preferred sources on Google The LAC stock forecast 2025 narrative remains tied to the global clean energy push, positioning the company as a critical raw material supplier amid decarbonization policies worldwide.

Arrives by Thu. Oct. 9

Eligible for Same-Day Delivery. Order by 12pm.
  • 8
  • 4
  • 3
  • 11
  • 8

Offers & perks

loyallist icon
Join Star Rewards & get free shipping at $39
Exclusions
Not a Star Rewards member? Get free shipping at $49
Exclusions apply