Lundin Petroleum AB Rating Reiterated by RBC Capital (LUP)
Lundin Petroleum AB (TSE:LUP)‘s stock had its “sector perform” rating reiterated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports.
Separately, analysts at Scotiabank raised their price target on shares of Lundin Petroleum AB (TSE:LUP) from C$27.50 to C$28.00 in a research note to investors on Thursday, August 8th. They now have a “sector perform” rating on the stock.
Shares of Lundin Petroleum AB (TSE:LUP) traded up 1.30% on Wednesday, hitting $22.53. 1,348 shares of the company’s stock traded hands. Lundin Petroleum AB has a 1-year low of $18.00 and a 1-year high of $26.49. The stock’s 50-day moving average is $22.63 and its 200-day moving average is $22.35. The company has a price-to-earnings ratio of 158.86.
Lundin Petroleum AB is a Sweden-based company, which explores, develops and produces oil and gas. The Company is active in nine countries and focuses on two core areas, namely Europe and South East Asia.
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