Lundin Mining (TSE:LUN)‘s stock had its “hold” rating reiterated by research analysts at Berenberg Bank in a research note issued to investors on Thursday. They presently have a C$7.50 price objective on the mining company’s stock. Berenberg Bank’s price objective suggests a potential upside of 6.23% from the company’s current price.
A number of other analysts also recently issued reports on LUN. Eight Capital reaffirmed a “buy” rating on shares of Lundin Mining in a report on Thursday, August 17th. Scotiabank reaffirmed a “focus stock” rating and set a C$10.50 price objective on shares of Lundin Mining in a report on Wednesday, September 6th. CIBC reaffirmed an “outperform” rating and set a C$12.00 price objective on shares of Lundin Mining in a report on Friday, September 15th. National Bank Financial downgraded shares of Lundin Mining from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from C$10.50 to C$11.50 in a report on Wednesday, October 18th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$10.50 price objective on shares of Lundin Mining in a report on Monday, October 23rd. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Lundin Mining currently has a consensus rating of “Hold” and a consensus price target of C$9.63.
Shares of Lundin Mining (LUN) opened at C$7.06 on Thursday. Lundin Mining has a fifty-two week low of C$6.30 and a fifty-two week high of C$10.22.
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About Lundin Mining
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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