Lundin Mining (TSE:LUN) had its price objective raised by BMO Capital Markets from C$9.50 to C$10.00 in a research note issued to investors on Monday.
A number of other equities analysts also recently weighed in on the stock. CIBC lowered their target price on shares of Lundin Mining from C$7.00 to C$6.00 in a report on Thursday, December 14th. Berenberg Bank restated a hold rating and set a C$7.50 target price on shares of Lundin Mining in a report on Thursday, December 7th. Morgan Stanley decreased their price objective on shares of Lundin Mining from C$7.20 to C$6.10 in a report on Tuesday, December 5th. CSFB upped their price objective on shares of Lundin Mining from C$8.75 to C$11.50 and gave the company a neutral rating in a report on Monday, December 4th. Finally, Royal Bank of Canada downgraded shares of Lundin Mining from an outperform rating to a sector perform rating and decreased their price objective for the company from C$10.00 to C$8.50 in a report on Friday, December 1st. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Lundin Mining presently has a consensus rating of Hold and a consensus price target of C$9.30.
Lundin Mining (TSE:LUN) opened at C$8.21 on Monday. Lundin Mining has a fifty-two week low of C$6.36 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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