Berenberg Bank Reaffirms “Hold” Rating for Lundin Mining Co. (LUN)
Lundin Mining Co. (TSE:LUN)‘s stock had its “hold” rating reaffirmed by investment analysts at Berenberg Bank in a research note issued to investors on Saturday, StockTargetPrices.com reports.
LUN has been the topic of a number of other reports. Scotiabank reiterated a “focus stock” rating and set a C$9.00 price objective on shares of Lundin Mining in a research note on Monday, January 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a C$8.50 price objective on shares of Lundin Mining in a research note on Monday, January 23rd. Finally, TD Securities reiterated a “buy” rating and set a C$9.50 price objective on shares of Lundin Mining in a research note on Thursday, April 27th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$8.55.
Shares of Lundin Mining (TSE:LUN) opened at 7.73 on Friday. The firm’s market capitalization is $5.62 billion. The stock’s 50 day moving average price is $7.28 and its 200 day moving average price is $7.29. Lundin Mining has a 12-month low of $4.08 and a 12-month high of $8.94.
COPYRIGHT VIOLATION NOTICE: “Berenberg Bank Reaffirms “Hold” Rating for Lundin Mining Co. (LUN)” was reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/05/20/berenberg-bank-reaffirms-hold-rating-for-lundin-mining-co-lun.html.
About Lundin Mining
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other.
Receive News & Ratings for Lundin Mining Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lundin Mining Co. and related companies with MarketBeat.com's FREE daily email newsletter.