Scotiabank Increases Bear Creek Mining Price Target to C$3.00 (BCM)
Equities research analysts at Scotiabank raised their target price on shares of Bear Creek Mining (CVE:BCM) from C$2.00 to C$3.00 in a research note issued to investors on Monday, Analyst Ratings Net reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price points to a potential upside of 18.11% from the company’s current price.
A number of other analysts have also recently weighed in on BCM. Analysts at Paradigm Capital upgraded shares of Bear Creek Mining from a “hold” rating to a “speculative buy” rating in a research note to investors on Friday. They now have a C$3.50 price target on the stock, up previously from C$3.25. Analysts at Canaccord Genuity cut their price target on shares of Bear Creek Mining from C$4.80 to C$3.65 in a research note to investors on Wednesday, July 17th.
Bear Creek Mining Corporation (CVE:BCM) is engaged in the acquisition, exploration and development of precious and base metal properties located principally in Peru.
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