Atlas Lithium (ATLX) currently holds a consensus rating of Moderate Buy among Wall Street analysts. This indicates a general positive outlook on the stock's potential performance.
Analyst Consensus for ATLX
The prevailing sentiment from financial analysts suggests that ATLX is a favorable stock for investment. This consensus is derived from recent evaluations and projections by market experts.
Current Rating Overview
The "Moderate Buy" consensus is a strong indicator of analyst confidence. Specifically, this rating is based on:
- 2 Buy ratings: All surveyed analysts recommend purchasing the stock.
- 0 Hold ratings: No analysts suggest holding the stock at its current position.
- 0 Sell ratings: No analysts recommend selling the stock.
This unanimous recommendation from all covered analysts underscores the current positive sentiment surrounding Atlas Lithium.
Price Target Insights
Analysts also provide forward-looking price targets, offering insight into where they expect the stock's price to move over a specific period. For ATLX, the average 12-month price target is set at $32.00. This target reflects the analysts' expectations for the stock's value within the next year.
The average price target is based on projections from two Wall Street analysts who have issued their 12-month price targets within the last three months.
Metric | Value |
---|---|
Consensus Rating | Moderate Buy |
Average Price Target | $32.00 |
Number of Buy Ratings | 2 |
Number of Hold Ratings | 0 |
Number of Sell Ratings | 0 |
Analysts Covered | 2 |
Target Period | 12 Months |
What "Moderate Buy" Means
In the context of financial analysis, a "Moderate Buy" rating typically suggests that analysts expect the stock to outperform the broader market or its industry peers over the designated period. It is a less aggressive recommendation than a "Strong Buy" but still indicates a positive outlook, advising investors to consider adding the stock to their portfolio. This rating is often given when analysts see significant upside potential without major immediate risks.