Labrador Iron Ore Royalty Stock Rating Reaffirmed by CSFB (LIF.UN)
A number of other analysts have also recently weighed in on LIF.UN. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Labrador Iron Ore Royalty in a research note on Wednesday, July 16th. 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. Two research 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 currently has an average rating of “Hold” and an average 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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