Lundin Petroleum (LNDNF) Downgraded by BMO Capital Markets to “Market Perform”

BMO Capital Markets lowered shares of Lundin Petroleum (OTCMKTS:LNDNF) from an outperform rating to a market perform rating in a report released on Thursday morning.

Separately, Barclays reaffirmed an equal weight rating on shares of Lundin Petroleum in a research note on Thursday, November 2nd.

Lundin Petroleum (OTCMKTS LNDNF) traded up $0.49 during midday trading on Thursday, hitting $25.08. The stock had a trading volume of 1,009 shares, compared to its average volume of 1,764. Lundin Petroleum has a 1 year low of $18.42 and a 1 year high of $25.49.

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Lundin Petroleum Company Profile

Lundin Petroleum AB is a Sweden-based company, which explores, develops and produces oil and gas. The Company’s main business is the exploration, the development of, and the production of oil and gas. The Company maintains a portfolio of oil and gas production assets and development projects in various countries with exposure to exploration opportunities.

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