This ones a little more encouraging.
KeyBanc lowered the firm’s price target on Arcadium Lithium to $13 from $29 to account for the consolidated company, while keeping an Overweight rating on the shares. Although volatility in the lithium market is likely to continue in the near-term, the firm believes shares trading at just 7.2-times 2025 EBITDA severely discount the long-term earnings potential of Arcadium’s portfolio. Additionally, the recently passed merger with Allkem provides greater economies of scales and synergy opportunities for future earnings growth, KeyBanc argues.
$50 party, page-17
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.21 |
Change
0.210(5.25%) |
Mkt cap ! $1.491B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.21 | $4.09 | $11.55M | 2.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1193 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.21 | 12105 | 3 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |