Canaccord Genuity cut shares of LXRandCo (TSE:LXR) from a speculative buy rating to a hold rating in a research report released on Thursday morning.

Separately, Cormark decreased their price objective on LXRandCo from C$1.50 to C$1.00 in a report on Thursday, June 21st.

TSE LXR opened at C$0.29 on Thursday. LXRandCo has a 1-year low of C$0.29 and a 1-year high of C$8.00.

About LXRandCo

LXRandCo, Inc operates as an omni-channel retailer of branded vintage luxury handbags and accessories. The company is involved in the sale of its products through a retail network of stores located in department stores in Canada, the United States, and Europe; wholesale operations primarily in the United States; and its own e-commerce Website.

Recommended Story: How are Outstanding Shares Different from Authorized Shares?

Receive News & Ratings for LXRandCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LXRandCo and related companies with's FREE daily email newsletter.