Local Bounti Corporation (LOCL) Social Stream
LOCAL BOUNTI CORPORATION (LOCL) Price Targets From Analysts
Use the tables below to see what analysts covering LOCAL BOUNTI CORPORATION think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-29 | 1 | $15 | $15 | $15 | $2.11 | 610.9% |
| 2021-12-21 | 2 | $15 | $11 | $13 | $2.11 | 516.11% |
| 2022-01-04 | 4 | $15 | $8 | $10.75 | $2.11 | 409.48% |
| 2022-03-16 | 4 | $15 | $8 | $11.25 | $2.11 | 433.18% |
| 2022-03-18 | 4 | $15 | $9 | $11.5 | $2.11 | 445.02% |
| 2022-04-03 | 4 | $15 | $9 | $12 | $2.11 | 468.72% |
| 2022-05-10 | 4 | $15 | $9 | $11.75 | $2.11 | 456.87% |
| 2022-06-02 | 4 | $15 | $6 | $10.6 | $2.11 | 402.37% |
| 2022-08-15 | 5 | $15 | $6 | $10.6 | $2.11 | 402.37% |
| 2022-08-16 | 5 | $15 | $4 | $10.2 | $2.11 | 383.41% |
| 2022-11-10 | 4 | $13 | $2.75 | $8.687 | $2.11 | 311.71% |
| 2023-02-27 | 4 | $13 | $2.75 | $7.687 | $2.11 | 264.31% |
| 2023-03-20 | 4 | $13 | $2 | $5.937 | $2.11 | 181.37% |
| 2023-04-04 | 5 | $6 | $2 | $3.45 | $2.11 | 63.51% |
| 2023-05-11 | 5 | $3.5 | $2 | $2.85 | $2.11 | 35.07% |
| 2023-06-16 | 4 | $45.513 | $13 | $30.882 | $2.11 | 1363.6% |
| 2023-08-09 | 4 | $45.513 | $12 | $27.381 | $2.11 | 1197.68% |
| 2023-08-15 | 4 | $45.513 | $9 | $26.631 | $2.11 | 1162.13% |
| 2023-09-12 | 4 | $45.513 | $6 | $18.378 | $2.11 | 771% |
| 2023-10-20 | 4 | $45.513 | $6 | $17.628 | $2.11 | 735.45% |
| 2023-10-30 | 4 | $45.513 | $6 | $17.378 | $2.11 | 723.6% |
| 2023-10-31 | 4 | $45.513 | $6 | $17.378 | $2.11 | 723.6% |
| 2023-11-01 | 4 | $45.513 | $1 | $15.003 | $2.11 | 611.04% |
| 2023-12-22 | 4 | $12 | $1 | $6.125 | $2.11 | 190.28% |
The Trend in the Analyst Price Target
Over the past 95 days, LOCL's average price target has gone down $11.5.
LOCL reports an average of 646.57% for its upside potential over the past 43 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-04-23 | 5 | 3.500 | 2 | 2.850 | 0.516 | 452.33% |
| 2023-07-31 | 4 | 45.513 | 12 | 27.381 | 4.340 | 530.9% |
| 2023-09-22 | 4 | 45.513 | 6 | 17.628 | 2.400 | 634.5% |
| 2023-11-22 | 4 | 12.000 | 1 | 6.125 | 3.850 | 59.09% |
| 2023-12-11 | 4 | 12.000 | 1 | 6.125 | 2.950 | 107.63% |
LOCL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.5 | 3 | 0 | 1 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
LOCL's average broker recommendation rating improved by 0 over the prior 43 weeks.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for LOCL as an investment opportunity.
- In terms of how LOCAL BOUNTI CORPORATION fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 2643.26% of that group.
- LOCL has a lower variance in analysts' estimates than -2362.84% of Agriculture stocks.
- LOCAL BOUNTI CORPORATION's number of analysts covering the stock is higher than 357.36% of Consumer Defensive stocks.
- To contextualize these metrics, consider that out of Consumer Defensive stocks, LOCAL BOUNTI CORPORATION's average analyst price target is higher than 386.74% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Agriculture industry with the ratings most similar to LOCAL BOUNTI CORPORATION are DOLE, CVGW, and AVO.
View All Top Stocks by Price Target
Is LOCL a Buy, Hold or Sell? See the POWR Ratings now!