Lifezone Metals (NYSE:LZM – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at Roth Mkm in a research report issued to clients and investors on Wednesday, Benzinga reports. They currently have a $14.00 price objective on the stock. Roth Mkm’s target price would suggest a potential upside of 99.71% from the company’s current price.
Separately, BTIG Research dropped their price objective on Lifezone Metals from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, April 3rd.
Read Our Latest Analysis on LZM
Lifezone Metals Trading Up 1.3 %
Institutional Investors Weigh In On Lifezone Metals
A number of institutional investors and hedge funds have recently added to or reduced their stakes in LZM. Jennison Associates LLC boosted its stake in Lifezone Metals by 2.4% during the 1st quarter. Jennison Associates LLC now owns 493,118 shares of the company’s stock worth $3,782,000 after purchasing an additional 11,468 shares during the period. Brown Brothers Harriman & Co. acquired a new position in Lifezone Metals in the 4th quarter valued at about $181,000. Invesco Ltd. purchased a new stake in Lifezone Metals during the 3rd quarter valued at approximately $7,021,000. Finally, Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in Lifezone Metals during the 3rd quarter worth approximately $31,263,000.
Lifezone Metals Company Profile
Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company's products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania.
Further Reading
- Five stocks we like better than Lifezone Metals
- 3 Warren Buffett Stocks to Buy Now
- Take-Two Interactive Software Offers 2nd Chance for Investors
- Investing in large cap stocks: Diving into big caps
- Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
- What is a Death Cross in Stocks?
- Analysts Still Want Double-Digit Upside Out of Applied Materials
Receive News & Ratings for Lifezone Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lifezone Metals and related companies with MarketBeat.com's FREE daily email newsletter.