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Scotiabank Sticks to Its Hold Rating for Lithium Americas Corp. (LAC)

Tipranks - Tue Apr 7, 7:46AM CDT

In a report released today, Ben Isaacson from Scotiabank maintained a Hold rating on Lithium Americas Corp., with a price target of $5.00.

Easter Sale - 70% Off TipRanks

According to TipRanks, Isaacson is a 4-star analyst with an average return of 6.4% and a 47.57% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Mosaic Co, Cf Industries Holdings, and Methanex.

In addition to Scotiabank, Lithium Americas Corp. also received a Hold from J.P. Morgan’s Bill Peterson in a report issued yesterday. However, on March 27, ATB Cormark Capital Markets maintained a Buy rating on Lithium Americas Corp. (NYSE: LAC).

LAC market cap is currently C$1.95B and has a P/E ratio of -8.53.

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