Labrador Iron Ore Royalty Corporation (TSE:LIF)‘s stock had its “neutral” rating reaffirmed by analysts at Eight Capital in a report released on Thursday.

Other equities analysts have also issued research reports about the stock. CSFB raised shares of Labrador Iron Ore Royalty Corporation from an “underperform” rating to an “outperform” rating and upped their price target for the stock from C$16.50 to C$20.00 in a research report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$24.00 price target on shares of Labrador Iron Ore Royalty Corporation in a research report on Thursday, April 20th. Finally, Scotiabank upped their price target on shares of Labrador Iron Ore Royalty Corporation from C$18.00 to C$20.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd.

Labrador Iron Ore Royalty Corporation (TSE LIF) traded up 0.21% during trading on Thursday, hitting $18.74. The stock had a trading volume of 118,414 shares. The company’s 50 day moving average is $16.88 and its 200 day moving average is $17.81. Labrador Iron Ore Royalty Corporation has a 52-week low of $12.63 and a 52-week high of $20.67. The firm has a market cap of $1.21 billion and a PE ratio of 8.95.

ILLEGAL ACTIVITY WARNING: “Labrador Iron Ore Royalty Corporation (LIF) Rating Reiterated by Eight Capital” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark laws. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/08/17/labrador-iron-ore-royalty-corporation-lif-rating-reiterated-by-eight-capital.html.

In other Labrador Iron Ore Royalty Corporation news, Director Duncan Newton Rowell Jackman acquired 3,000 shares of the company’s stock in a transaction dated Thursday, August 10th. The stock was bought at an average price of C$18.69 per share, with a total value of C$56,070.00.

Receive News & Ratings for Labrador Iron Ore Royalty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Iron Ore Royalty Corporation and related companies with MarketBeat.com's FREE daily email newsletter.