Loop Industries, Inc. (LOOP) Social Stream
LOOP INDUSTRIES INC (LOOP) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering LOOP INDUSTRIES INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-07 | 3 | $23 | $19.5 | $20.833 | $3.55 | 486.85% |
| 2022-07-27 | 1 | $23 | $19 | $20.666 | $3.55 | 482.14% |
| 2022-10-27 | 3 | $20 | $15 | $17.5 | $3.55 | 392.96% |
| 2023-01-05 | 3 | $15 | $6 | $10.5 | $3.55 | 195.77% |
| 2023-02-09 | 3 | $10 | $6 | $8 | $3.55 | 125.35% |
| 2023-07-14 | 2 | $7.5 | $6 | $6.75 | $3.55 | 90.14% |
| 2023-10-18 | 1 | $6 | $6 | $6 | $3.55 | 69.01% |
The Trend in the Analyst Price Target
LOOP's average price target has moved down $10 over the prior 32 months.
Over the past 41 weeks, LOOP's average upside potential has been 144.87%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-05 | 3 | 15.0 | 6 | 10.50 | 2.61 | 302.3% |
| 2023-05-23 | 2 | 8.0 | 6 | 7.00 | 2.99 | 134.11% |
| 2023-06-01 | 2 | 8.0 | 6 | 7.00 | 3.06 | 128.76% |
| 2023-07-14 | 2 | 8.0 | 6 | 7.00 | 3.05 | 129.51% |
| 2023-07-14 | 2 | 7.5 | 6 | 6.75 | 3.05 | 121.31% |
LOOP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
LOOP's average broker recommendation rating improved by 0.33 over the prior 20 months.
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 LOOP as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, LOOP INDUSTRIES INC's number of analysts covering the stock is higher than 52.77% of them.
- LOOP INDUSTRIES INC's upside potential (average analyst target price relative to current price) is greater than 1004.8% of Basic Materials stocks.
- In the context of Chemicals stocks, LOOP INDUSTRIES INC's average analyst price target is higher than 96.88% of them.
- LOOP INDUSTRIES INC's variance in analysts' estimates is lower than -204.09% of Chemicals stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Chemicals industry with the ratings most similar to LOOP INDUSTRIES INC are EVGN, RYAM, and OEC.
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