Berenberg Bank Raises Lundin Mining Co. (LUN) Price Target to C$10.25
Other research analysts have also recently issued reports about the company. Eight Capital reissued a buy rating on shares of Lundin Mining in a report on Thursday, August 17th. TD Securities lifted their price objective on Lundin Mining from C$10.00 to C$10.50 and gave the company a buy rating in a report on Monday, July 31st. Scotiabank reissued a focus stock rating and set a C$10.50 price objective on shares of Lundin Mining in a report on Wednesday, September 6th. National Bank Financial cut their price objective on Lundin Mining from C$10.50 to C$9.50 and set an outperform rating for the company in a report on Monday, July 24th. Finally, CIBC reissued an outperform rating and set a C$12.00 price objective on shares of Lundin Mining in a report on Friday, September 15th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Lundin Mining currently has an average rating of Buy and an average price target of C$9.98.
Lundin Mining (LUN) opened at 9.47 on Thursday. The company has a market cap of $6.88 billion and a price-to-earnings ratio of 21.87. Lundin Mining has a 52-week low of $5.15 and a 52-week high of $10.22. The stock’s 50 day moving average is $9.21 and its 200 day moving average is $8.24.
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Lundin Mining Company Profile
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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