5 Cheap Lithium Stocks To Buy According To Analysts

4. FREYR Battery SA (NYSE:FREY)

Number of Hedge Fund Holders: 20

Upside Potential: 51.79%

Average Analyst Price Target: $12.50

On June 29, Adam Jonas at Morgan Stanley upgraded FREYR Battery SA (NYSE:FREY) shares from Equal Weight to Overweight, alongside placing a $10 price target on the stock.

FREYR Battery SA (NYSE:FREY) is an electrical components and equipment company. It designs and manufactures lithium-ion-based battery cell facilities.

FREYR Battery SA (NYSE:FREY) had 20 hedge funds long its stock in the first quarter, with a total stake value of $176.2 million.

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