Investment Analysts’ Recent Ratings Changes for Lumenpulse (LMP)
Several brokerages have updated their recommendations and price targets on shares of Lumenpulse (TSE: LMP) in the last few weeks:
- 9/9/2016 – Lumenpulse had its price target raised by analysts at Royal Bank Of Canada from C$21.00 to C$22.00. They now have an “outperform” rating on the stock.
- 9/7/2016 – Lumenpulse had its “outperform” rating reaffirmed by analysts at National Bank Financial. They now have a C$21.00 price target on the stock.
- 9/7/2016 – Lumenpulse had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a C$19.00 price target on the stock.
- 9/2/2016 – Lumenpulse had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a C$21.00 price target on the stock.
- 8/24/2016 – Lumenpulse had its “neutral” rating reaffirmed by analysts at Roth Capital.
Lumenpulse Inc (TSE:LMP) opened at 16.75 on Tuesday. Lumenpulse Inc has a 1-year low of $12.02 and a 1-year high of $19.19. The company has a market cap of $427.69 million and a price-to-earnings ratio of 335.00. The company’s 50 day moving average is $17.27 and its 200 day moving average is $16.59.
In other news, Director Michel Ringuet acquired 7,869 shares of the business’s stock in a transaction that occurred on Tuesday, July 5th. The stock was purchased at an average cost of C$16.25 per share, for a total transaction of C$127,871.25.
Lumenpulse Inc is engaged in the design, development, assembly and sale of lighting products. The Company operates in two segments: Lumenpulse LED products (LP) and other manufacturers’ products (OMP). The Company’s LP segments’ products consist of light-emitting diode (LED) lighting solutions. The Company’s LP segment designs, manufactures and sells lighting fixtures and solutions for indoor and outdoor applications with its focus on the commercial, institutional and urban environment markets.
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