
Lithium Americas (Argentina) Corp. (NYSE:LAR – Free Report) – Scotiabank upped their FY2026 EPS estimates for Lithium Americas (Argentina) in a research note issued on Monday, April 6th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings per share of $0.35 for the year, up from their previous estimate of $0.27. Scotiabank currently has a “Sector Outperform” rating and a $8.50 price target on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Lithium Americas (Argentina) from a “hold” rating to a “buy” rating and set a $8.30 target price for the company in a research note on Tuesday, January 13th. Wall Street Zen raised shares of Lithium Americas (Argentina) from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. National Bank Financial lifted their price objective on Lithium Americas (Argentina) from $4.75 to $6.50 and gave the company an “outperform” rating in a report on Friday, December 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Lithium Americas (Argentina) in a report on Monday, March 23rd. Finally, TD Securities lifted their price objective on Lithium Americas (Argentina) from $7.00 to $9.00 and gave the company a “buy” rating in a report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $7.77.
Lithium Americas (Argentina) Trading Up 6.9%
NYSE LAR opened at $7.69 on Tuesday. The firm has a 50-day simple moving average of $6.98 and a 200 day simple moving average of $5.88. Lithium Americas has a twelve month low of $1.71 and a twelve month high of $8.80.
Institutional Investors Weigh In On Lithium Americas (Argentina)
A number of institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC acquired a new stake in Lithium Americas (Argentina) during the fourth quarter valued at approximately $107,000. Empowered Funds LLC acquired a new stake in Lithium Americas (Argentina) during the fourth quarter valued at approximately $138,000. XTX Topco Ltd boosted its holdings in Lithium Americas (Argentina) by 33.3% during the fourth quarter. XTX Topco Ltd now owns 88,086 shares of the company’s stock valued at $492,000 after purchasing an additional 22,027 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in Lithium Americas (Argentina) during the fourth quarter valued at approximately $304,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Lithium Americas (Argentina) during the fourth quarter worth approximately $747,000. 49.17% of the stock is owned by institutional investors and hedge funds.
Lithium Americas (Argentina) Company Profile
Lithium Americas (Argentina) is a subsidiary of Lithium Americas Corp. focused on the exploration, development and production of lithium brine resources in the Jujuy province of northwest Argentina. The company’s principal asset is the Cauchari-Olaroz project, situated within the Lithium Triangle, one of the world’s richest regions for lithium-bearing brines. Through its Argentine operations, Lithium Americas aims to supply battery-grade lithium carbonate critical to electric vehicle and energy-storage markets.
The Cauchari-Olaroz project encompasses concessions on the Salar de Cauchari and Salar de Olaroz salt flats, where detailed drilling programs and pilotāscale evaporation ponds have demonstrated favorable lithium concentrations.
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