Lumine Group (CVE:LMN) Price Target Raised to C$38.00

Lumine Group (CVE:LMN) had its price objective boosted by Desjardins from C$36.00 to C$38.00 in a research note released on Wednesday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Separately, Royal Bank Of Canada decreased their price target on Lumine Group from C$42.00 to C$35.00 in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$38.50.

Lumine Group Price Performance

Shares of LMN opened at C$25.50 on Wednesday. Lumine Group has a one year low of C$17.77 and a one year high of C$54.00. The company has a market cap of C$6.54 billion, a P/E ratio of 56.67 and a beta of 0.92. The firm has a 50 day simple moving average of C$22.65 and a two-hundred day simple moving average of C$22.01.