Lumine Group (CVE:LMN) Stock Price Target Raised at Desjardins

Lumine Group (CVE:LMN) had its target price hoisted by equities research analysts at Desjardins from C$38.00 to C$40.00 in a report released on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock. Desjardins‘s price target would suggest a potential upside of 43.47% from the stock’s current price.

Separately, TD boosted their price objective on Lumine Group from C$42.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$39.75.

Lumine Group Price Performance

CVE LMN traded up C$1.52 during trading on Thursday, reaching C$27.88. The company’s stock had a trading volume of 167,796 shares, compared to its average volume of 172,513. The firm has a fifty day moving average of C$23.38 and a 200 day moving average of C$22.55. Lumine Group has a one year low of C$17.77 and a one year high of C$31.95. The stock has a market capitalization of C$7.15 billion, a PE ratio of 66.38 and a beta of 1.04.