Sigma Lithium (SGML) Receives a Sell from Bank of America Securities
In a report released today, Rock Hoffman from Bank of America Securities reiterated a Sell rating on Sigma Lithium, with a price target of $14.00.
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According to TipRanks, Hoffman is a 3-star analyst with an average return of 11.4% and a 42.86% success rate.
In addition to Bank of America Securities, Sigma Lithium also received a Sell from TipRanks – Anthropic’s Anthropic Industrial Materials in a report issued on January 7. However, today, TipRanks – OpenAI reiterated a Hold rating on Sigma Lithium (NASDAQ: SGML).
The company has a one-year high of C$23.35 and a one-year low of C$5.85. Currently, Sigma Lithium has an average volume of 139.7K.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is neutral on the stock.
Read More on SGML:
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- Sigma Lithium price target raised to $14 from $13 at BofA
- Sigma Lithium: Buy Rating Backed by Operational Restart Progress, Tailings Monetization, and Stronger Lithium Pricing
- Sigma Lithium Sells 100,000t of Lithium Fines, Ramps Up Mine Remobilization and Adds Ex-Minister to Board
- BofA downgrades Sigma Lithium to Underperform on operational, liquidity issues
- Sigma Lithium downgraded to Underperform from Neutral at BofA
