Talvivaara Mining Lowered to Reduce at Pohjola Bank (TALV)
Talvivaara Mining (LON:TALV) was downgraded by research analysts at Pohjola Bank from a “hold” rating to a “reduce” rating in a report released on Friday, AnalystRatings.NET reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Evli Bank reiterated a “reduce” rating on shares of Talvivaara Mining in a research note to investors on Thursday. They now have a GBX 9.33 ($0.15) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Talvivaara Mining in a research note to investors on Friday, September 27th. They now have a GBX 36 ($0.58) price target on the stock. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Talvivaara Mining presently has a consensus rating of “Hold” and a consensus price target of GBX 52.17 ($0.84).
Shares of Talvivaara Mining (LON:TALV) traded down 7.73% during mid-day trading on Friday, hitting GBX 6.33. 3,009,099 shares of the company’s stock traded hands. Talvivaara Mining has a 1-year low of GBX 6.84 and a 1-year high of GBX 43.605. The stock has a 50-day moving average of GBX 9.32 and a 200-day moving average of GBX 16.18. The company’s market cap is £120.7 million.
Talvivaaran Kaivososakeyhtio Oyj (LON:TALV) is a Finland-based mining company engaged in the production of base metals.
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