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Labrador Iron Ore Royalty (TSE:LIF.UN)‘s stock had its “underperform” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Friday.

Several other analysts have also recently commented on the stock. Analysts at CSFB reiterated an “underperform” rating on shares of Labrador Iron Ore Royalty in a research note on Friday. They now have a C$20.00 price target on the stock. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of Labrador Iron Ore Royalty in a research note on Wednesday, July 16th. Finally, analysts at Bank of America downgraded shares of Labrador Iron Ore Royalty from a “neutral” rating to an “underperform” rating in a research note on Friday, July 11th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of C$32.70.

Labrador Iron Ore Royalty Corporation (TSE:LIF) owns interests in Iron Ore Company of Canada (IOC), which operates an iron mine near Labrador City, Newfoundland and Labrador on lands leased from LIORC.

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