Lumine Group (CVE:LMN) Price Target Raised to C$38.00 at Desjardins

Lumine Group (CVE:LMN) had its target price hoisted by Desjardins from C$36.00 to C$38.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective suggests a potential upside of 56.77% from the stock’s previous close.

Separately, Royal Bank Of Canada reduced their price objective on shares of Lumine Group from C$42.00 to C$35.00 in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Lumine Group has a consensus rating of “Buy” and a consensus price target of C$38.50.

Lumine Group Price Performance

Shares of Lumine Group stock traded down C$0.76 during trading on Wednesday, hitting C$24.24. 190,890 shares of the company were exchanged, compared to its average volume of 190,720. The firm has a market capitalization of C$6.22 billion, a P/E ratio of 53.87 and a beta of 0.94. Lumine Group has a 1-year low of C$17.77 and a 1-year high of C$54.00. The firm’s fifty day moving average price is C$22.38 and its 200 day moving average price is C$21.99.