BMO Capital Markets Boosts Lundin Mining (LUN) Price Target to C$10.00
A number of other equities analysts have also recently issued reports on the company. CIBC reissued an outperform rating and issued a C$12.00 target price on shares of Lundin Mining in a report on Friday, September 15th. TD Securities cut Lundin Mining from a buy rating to a hold rating and dropped their target price for the stock from C$11.50 to C$9.50 in a report on Thursday, November 30th. Royal Bank of Canada cut Lundin Mining from an outperform rating to a sector perform rating and dropped their target price for the stock from C$10.00 to C$8.50 in a report on Friday, December 1st. Scotiabank reissued a focus stock rating and issued a C$10.50 target price on shares of Lundin Mining in a report on Wednesday, September 6th. Finally, National Bank Financial increased their target price on Lundin Mining from C$9.75 to C$11.50 and gave the stock a sector perform rating in a report on Thursday, November 30th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of C$9.30.
Lundin Mining (TSE:LUN) opened at C$7.90 on Monday. Lundin Mining has a twelve month low of C$6.36 and a twelve month high of C$10.22.
About Lundin Mining
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.
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