LCII Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Upgrades:
- Upgrade Notice: CJS Securities upgraded LCI Industries (LCII) from Market Perform to Outperform, setting a price target of $145. This upgrade indicates positive analyst sentiment and potential upward momentum.
Technical Indicators:
RSI Analysis: The Relative Strength Index (RSI) for LCII is 29.34, indicating the stock is in oversold territory. This suggests a potential buying opportunity as the stock may rebound from its current level.
Fibonacci Levels: The stock is currently trading near the Fibonacci support level of $91.41, with resistance levels at $95.94 and $98.74. A breakout above these levels could signal a bullish trend.
MACD Analysis: The MACD is currently negative (-4.51), indicating bearish momentum. However, the oversold RSI suggests a potential reversal.
Price Prediction:
Based on the oversold condition and positive analyst sentiment, LCII is expected to rebound next week. The stock is likely to test the Fibonacci resistance level of $98.74.
Recommendation:
Buy LCII with a target price of $98.74 for the next trading week.
LCII Similar Chart Price Prediction
The price of LCII is predicted to go up -0.4%, based on the high correlation periods with CTBB. The similarity of these two price pattern on the periods is 98.69%.
LCII
CTBB
Down: -0.4%Similarity: 98.69%
LCII Revenue Forecast
LCII EPS Forecast
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LCII Analyst's Forecast
Michael Swartz
Truist Securities
Hold
2025-02-10
Price Target
$102 → $108
Upside
+5.9%
Truist raised the firm's price target on LCI Industries to $108 from $102 and keeps a Hold rating on the shares as part of a broader research note on Recreational Vehicles. Following a "tumultuous" three-year stretch, the recent conversations with dealers suggest that an industry-wide demand/earnings recovery has finally arrived, the analyst tells investors in a research note. This is also supported by improved demand signals, healthier margins and cash generation, and a broader restocking posture, indicating that FY25/FY26 Street numbers could ultimately prove "conservative", Truist added.
Michael Swartz
Truist Securities
Hold
2025-01-07
Price Target
$108 → $102
Downside
-0.3%
Joseph Altobello
Raymond James
Hold
2024-10-01
Price Target
n/a
Downside
0%
