Primero Mining Corp (P) Receives Sector Perform Rating from Scotiabank
Scotiabank reiterated their sector perform rating on shares of Primero Mining Corp (TSE:P) in a research note published on Tuesday morning. Scotiabank currently has a C$3.50 price objective on the stock.
Several other analysts have also weighed in on P. Canaccord Genuity upgraded shares of Primero Mining Corp from a hold rating to a buy rating and lifted their target price for the company from C$2.50 to C$4.00 in a research report on Thursday, June 16th. TD Securities reduced their price target on shares of Primero Mining Corp from C$3.50 to C$3.25 and set a buy rating on the stock in a research report on Tuesday, June 28th. Royal Bank Of Canada restated an outperform rating and issued a C$3.20 price target on shares of Primero Mining Corp in a research report on Thursday, June 30th. Desjardins lowered shares of Primero Mining Corp from a buy rating to a hold rating in a research report on Wednesday, July 13th. Finally, Dundee Securities lowered shares of Primero Mining Corp from a buy rating to a neutral rating in a research report on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. Primero Mining Corp presently has a consensus rating of Hold and an average price target of C$3.12.
Primero Mining Corp (TSE:P) opened at 2.16 on Tuesday. The company’s 50 day moving average is $2.23 and its 200-day moving average is $2.45. Primero Mining Corp has a 1-year low of $1.93 and a 1-year high of $3.94. The firm’s market cap is $405.50 million.
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