Royal Bank Of Canada Lowers Lumine Group (CVE:LMN) Price Target to C$42.00

Lumine Group (CVE:LMNGet Free Report) had its price objective reduced by stock analysts at Royal Bank Of Canada from C$50.00 to C$42.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 73.99% from the company’s previous close.

Lumine Group Price Performance

LMN stock traded down C$0.45 during trading on Monday, reaching C$24.14. 74,291 shares of the company were exchanged, compared to its average volume of 185,602. The business’s 50-day moving average is C$26.91. The company has a market capitalization of C$6.19 billion and a P/E ratio of 48.28. Lumine Group has a twelve month low of C$22.81 and a twelve month high of C$55.00.

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