Analysts Set Lumenpulse Inc (LMP) PT at $19.60
Lumenpulse Inc (TSE:LMP) has been assigned an average rating of “Buy” from the seven ratings firms that are covering the firm. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$19.60.
Several analysts have commented on the stock. National Bank Financial restated an “outperform” rating and issued a C$21.00 price objective on shares of Lumenpulse in a report on Wednesday, September 7th. Royal Bank Of Canada restated an “outperform” rating and issued a C$21.00 price objective on shares of Lumenpulse in a report on Friday, September 2nd. Roth Capital restated a “neutral” rating on shares of Lumenpulse in a report on Wednesday, August 24th. Finally, Scotiabank restated a “sector perform” rating and issued a C$19.00 price objective on shares of Lumenpulse in a report on Thursday, June 23rd.
Shares of Lumenpulse (TSE:LMP) opened at 16.50 on Thursday. Lumenpulse has a one year low of $13.37 and a one year high of $19.19. The company has a market capitalization of $421.31 million and a price-to-earnings ratio of 330.00. The firm’s 50-day moving average price is $16.87 and its 200-day moving average price is $16.71.
Lumenpulse Inc is engaged in the design, development, assembly and sale of lighting products. The Company operates in two segments: Lumenpulse LED products (LP) and other manufacturers’ products (OMP). The Company’s LP segments’ products consist of light-emitting diode (LED) lighting solutions. The Company’s LP segment designs, manufactures and sells lighting fixtures and solutions for indoor and outdoor applications with its focus on the commercial, institutional and urban environment markets.
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