RBC Capital analyst Tom Narayan maintained a Hold rating on Lucid Group (LCID – Research Report) on November 7 and set a price target of $6.00. The company’s shares closed yesterday at $3.95.

Narayan covers the Industrials sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, General Motors, and Mercedes-Benz Group. According to TipRanks, Narayan has an average return of 1.7% and a 42.78% success rate on recommended stocks.

Lucid Group has an analyst consensus of Hold, with a price target consensus of $5.27, representing a 33.42% upside. In a report released yesterday, Cantor Fitzgerald also downgraded the stock to a Hold with a $6.00 price target.

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The company has a one-year high of $17.81 and a one-year low of $3.96. Currently, Lucid Group has an average volume of 27.47M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LCID in relation to earlier this year.

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Lucid Group (LCID) Company Description:

Churchill Capital Corp IV is a blank check company.

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