Local Bounti - LOCL Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $9.00
  • Forecasted Upside: 201.00%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$2.99
▼ -0.06 (-1.97%)

This chart shows the closing price for LOCL by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Local Bounti Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for LOCL and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for LOCL

Analyst Price Target is $9.00
▲ +201.00% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Local Bounti in the last 3 months. The average price target is $9.00, with a high forecast of $9.00 and a low forecast of $9.00. The average price target represents a 201.00% upside from the last price of $2.99.

This chart shows the closing price for LOCL for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in Local Bounti. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/23/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/22/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/31/2023Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ HoldLow
8/10/2023Deutsche Bank AktiengesellschaftLower Target$12.00 ➝ $9.00Low
5/11/2023Deutsche Bank AktiengesellschaftLower Target$26.00 ➝ $13.00Low
4/3/2023Roth MkmLower TargetBuy$78.00 ➝ $39.00Low
3/30/2023OppenheimerLower TargetOutperform$169.00 ➝ $39.00Low
3/30/2023Lake Street CapitalLower TargetBuy$130.00 ➝ $45.50Low
3/20/2023Deutsche Bank AktiengesellschaftLower TargetBuy$117.00 ➝ $26.00Low
11/11/2022Morgan StanleyLower TargetEqual Weight$52.00 ➝ $35.75Low
8/16/2022Morgan StanleyLower TargetEqual Weight$78.00 ➝ $52.00Low
6/2/2022Morgan StanleyLower TargetEqual Weight$110.50 ➝ $78.00High
4/20/2022Morgan StanleyInitiated CoverageEqual Weight$110.50High
1/4/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuy$117.00High
12/21/2021OppenheimerInitiated CoverageOutperform$143.00Medium
12/21/2021Roth CapitalInitiated CoverageBuy$104.00High
(Data available from 7/23/2019 forward)

News Sentiment Rating

0.53 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/25/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/24/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/23/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/24/2024
  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/23/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/23/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/22/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/22/2024

Current Sentiment

  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Local Bounti logo
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
Read More

Today's Range

Now: $2.99
Low: $2.89
High: $2.99

50 Day Range

MA: $2.89
Low: $2.60
High: $3.24

52 Week Range

Now: $2.99
Low: $1.17
High: $6.33

Volume

9,472 shs

Average Volume

11,657 shs

Market Capitalization

$25.39 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.54

Frequently Asked Questions

What sell-side analysts currently cover shares of Local Bounti?

The following Wall Street research analysts have issued research reports on Local Bounti in the last twelve months: Deutsche Bank Aktiengesellschaft.
View the latest analyst ratings for LOCL.

What is the current price target for Local Bounti?

1 Wall Street analysts have set twelve-month price targets for Local Bounti in the last year. Their average twelve-month price target is $9.00, suggesting a possible upside of 201.0%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting LOCL will reach $9.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $9.00 for Local Bounti in the next year.
View the latest price targets for LOCL.

What is the current consensus analyst rating for Local Bounti?

Local Bounti currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in LOCL, but not buy more shares or sell existing shares.
View the latest ratings for LOCL.

What other companies compete with Local Bounti?

How do I contact Local Bounti's investor relations team?

Local Bounti's physical mailing address is ALBANY FINANCIAL CENTER SOUTH OCEAN BLVD SUITE 507 NEW PROVIDENCE, NASSAU C5, 63158. The company's listed phone number is 800-640-4016 and its investor relations email address is [email protected]. The official website for Local Bounti is leoholdings.com. Learn More about contacing Local Bounti investor relations.