Standard Lithium (NYSEAMERICAN:SLI) Stock Price Expected to Rise, Roth Capital Analyst Says

Standard Lithium (NYSEAMERICAN:SLI - Get Free Report) had its price objective increased by investment analysts at Roth Capital from $4.50 to $6.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Roth Capital's price target would suggest a potential upside of 68.07% from the stock's current price.Get Standard Lithium alerts:Standard Lithium Stock is Breaking New LevelsOther equities research analysts have also issued research reports about the stock. BMO Capital Markets reissued an "outperform" rating on shares of Standard Lithium in a research report on Monday, September 8th. Raymond James Financial assumed coverage on shares of Standard Lithium in a research note on Friday, July 11th. They set an "outperform" rating and a $2.75 price objective on the stock. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $4.38.Check Out Our Latest Research Report on Standard LithiumStandard Lithium Trading Up 3.2%Shares of Standard Lithium stock traded up $0.11 during trading hours on Thursday, reaching $3.57. 2,934,172 shares of the company's stock were exchanged, compared to its average volume of 1,926,031. The company has a fifty day moving average of $2.80 and a 200-day moving average of $2.04. Standard Lithium has a 52-week low of $1.08 and a 52-week high of $3.73. The firm has a market capitalization of $692.37 million, a price-to-earnings ratio of -16.23 and a beta of 1.71. Institutional Inflows and OutflowsSeveral institutional investors have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd acquired a new position in shares of Standard Lithium in the first quarter valued at $435,000. Jane Street Group LLC grew its stake in Standard Lithium by 285.5% during the second quarter. Jane Street Group LLC now owns 349,477 shares of the company's stock worth $685,000 after buying an additional 258,814 shares during the last quarter. Tidal Investments LLC increased its holdings in Standard Lithium by 303.0% during the 4th quarter. Tidal Investments LLC now owns 251,666 shares of the company's stock valued at $367,000 after purchasing an additional 189,213 shares in the last quarter. Alps Advisors Inc. grew its holdings in shares of Standard Lithium by 103.6% during the first quarter. Alps Advisors Inc. now owns 316,244 shares of the company's stock worth $402,000 after purchasing an additional 160,907 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Standard Lithium in the 2nd quarter valued at about $300,000. 16.70% of the stock is owned by institutional investors. Standard Lithium Company Profile (Get Free Report)Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.Read MoreFive stocks we like better than Standard LithiumConsumer Discretionary Stocks ExplainedWhy Traders Are Doubling Down on SoundHound Stock After Big RallyWhat Investors Need to Know to Beat the MarketLithium Americas Rally Lifts Other Rare Earth Stocks Canada Bond Market Holiday: How to Invest and Trade Spotify Could Surge Higher—Here’s the Hidden Earnings SignalThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Standard Lithium Right Now?Before you consider Standard Lithium, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Lithium wasn't on the list.While Standard Lithium currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here