TD Issues Positive Forecast for Lumine Group (CVE:LMN) Stock Price

Lumine Group (CVE:LMN – Get Free Report) had its price target lifted by equities research analysts at TD from C$42.00 to C$45.00 in a report released on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock. TD‘s price target suggests a potential upside of 61.41% from the stock’s previous close.

Separately, Desjardins lifted their price target on shares of Lumine Group from C$36.00 to C$38.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$39.75.

View Our Latest Analysis on LMN

Lumine Group Price Performance

CVE:LMN traded up C$1.52 during mid-day trading on Thursday, reaching C$27.88. The stock had a trading volume of 167,796 shares, compared to its average volume of 172,513. The stock has a 50-day simple moving average of C$23.38 and a two-hundred day simple moving average of C$22.55. The stock has a market capitalization of C$7.15 billion, a PE ratio of 66.38 and a beta of 1.04. Lumine Group has a 12 month low of C$17.77 and a 12 month high of C$31.95.

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