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Loop Industries Inc (LOOP)
NASDAQ:LOOP
Holding LOOP?
Track your performance easily
See the Price Targets and Ratings of:
LOOP Analyst Ratings
Moderate Buy
1 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
LOOP Stock 12 Month Forecast
Average Price Target
$3.00
▲(127.05% Upside)
| Highest Price Target$3.00 | Average Price Target$3.00 | Lowest Price Target$3.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Cormark Securities
Initiated
09/30/24
Paradigm
$8.5
Buy
543.31%
Upside
Reiterated
06/05/24
Is LOOP stock still a buy? (June, 2024)We are modelling four JV plants rolling out for FY27 and FY28. The Ulsan plant will be a 49/51 JV, the French plant 16.5%, the Indian plant 50% and Japan 49%. We assume a debt/equity structure of 60/40 and 70/30 for India. Using our FY28 forecast EBITDA of $147M (unchanged), debt of $433M (unchanged), 57.5M shares outstanding (unchanged, ~47M currently), an 8x EV/EBITDA multiple and a 10% discount rate, we arrive at a target of $8.47 (rounded to $8.50). With the strong support of SKGC, Reed and Ester, we believe Loop is very fundable, thus we maintain our Buy rating, the analyst concluded.
Best Analysts Covering Loop Industries
Which Analyst Should I Follow If I Want to Buy LOOP and Sell After:
1 Month
xxx
Success Rate
1/3 ratings generated profit
Average Return
-3.33%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 33.33% of your transactions generating a profit, with an average return of -3.33% per trade.
3 Months
xxx
Success Rate
0/3 ratings generated profit
Average Return
-22.93%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of -22.93% per trade.
1 Year
Success Rate
0/3 ratings generated profit
Average Return
-44.17%
reiterated a buy rating 5 months ago
Copying Marvin Wolff's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -44.17% per trade.
2 Years
xxx
Success Rate
0/3 ratings generated profit
Average Return
-54.23%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -54.23% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
LOOP Analyst Recommendation Trends
Rating
Oct 22
Dec 22
Jan 23
Jun 24
Sep 24
Strong Buy
4
3
2
2
3
Buy
0
1
1
1
0
Hold
0
1
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
5
5
5
4
Each month's total comprises the sum of three months' worth of ratings.
LOOP Financial Forecast
LOOP Stock Forecast FAQ
What is LOOP’s average 12-month price target, according to analysts?
Based on analyst ratings, Loop Industries Inc’s 12-month average price target is $3.00.
What is LOOP’s upside potential, based on the analysts’ average price target?
Loop Industries Inc has 127.05% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is LOOP a Buy, Sell or Hold?
Loop Industries Inc has a consensus rating of Moderate Buy which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
What is Loop Industries Inc’s price target?
The average price target for Loop Industries Inc is $3.00. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $3.00 ,the lowest forecast is $3.00. The average price target represents 127.05% Increase from the current price of $1.321.
The highest analyst price target is $3.00 ,the lowest forecast is $3.00. The average price target represents 127.05% Increase from the current price of $1.321.
What do analysts say about Loop Industries Inc?
Loop Industries Inc’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of LOOP?
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