Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.

TSX:LGO - Post by User

Largo Inc > Morgan Stanley raises tgt to C$36

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Comment by kha341on Apr 19, 2021 3:19pm

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Post# 33023296

RE:RE:Morgan Stanley raises tgt to C$36

kha341 wrote:

https://www.tipranks.com/stocks/tse:lgo/forecast

TipRanks: Analyst Price Target on TSE:LGO

C$26.50

(29.65% Upside)

Based on 4 analysts offering 12 month price targets for Largo Resources in the last 3 months. The average price target is C$26.50 with a high forecast of C$36.00 and a low forecast of C$20.00. The average price target represents a 29.65% increase from the last price of C$20.44.

The last time Andrew Wong reviewed / gave a C$20 PT to Largo was in March 2021 thus pulling the average PT among analysts down to C$26.50. He should update it now.

“In a report issued on March 19, Andrew Wong from RBC Capital maintained a Buy rating on Largo Resources (LGORD – Research Report), with a price target of C$20.00”