Lumine Group (CVE:LMN) Price Target Raised to C$39.00

Lumine Group (CVE:LMN) had its price target raised by TD Securities from C$36.00 to C$39.00 in a report released on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, Royal Bank Of Canada dropped their price objective on Lumine Group from C$50.00 to C$42.00 and set an “outperform” rating on the stock in a research note on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$40.00.

Lumine Group Trading Up 2.9%

Shares of CVE:LMN opened at C$26.80 on Thursday. The stock’s 50 day moving average is C$22.84. Lumine Group has a one year low of C$17.77 and a one year high of C$55.00. The stock has a market capitalization of C$6.88 billion, a price-to-earnings ratio of 53.60 and a beta of 0.88.