Is Electra Battery Materials Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: ELBM) stock is to Buy ELBM stock.
Out of 1 analyst, 0 (0%) are recommending ELBM as a Strong Buy, 1 (100%) are recommending ELBM as a Buy, 0 (0%) are recommending ELBM as a Hold, 0 (0%) are recommending ELBM as a Sell, and 0 (0%) are recommending ELBM as a Strong Sell.
According to 1 Wall Street analyst that have issued a 1 year ELBM price target, the average ELBM price target is $1.60, with the highest ELBM stock price forecast at $1.60 and the lowest ELBM stock price forecast at $1.60.
The Wall Street analyst predicted that Electra Battery Materials's share price could reach $1.60 by Nov 20, 2024. The average Electra Battery Materials stock price prediction forecasts a potential upside of 294.09% from the current ELBM share price of $0.41.
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