Lundin Mining (LUN) Given “Hold” Rating at Berenberg Bank
Lundin Mining (TSE:LUN)‘s stock had its “hold” rating reissued by research analysts at Berenberg Bank in a research report issued on Thursday. They currently have a C$7.50 target price on the mining company’s stock. Berenberg Bank’s price objective would indicate a potential upside of 10.13% from the company’s current price.
LUN has been the subject of a number of other research reports. National Bank Financial boosted their price target on Lundin Mining from C$9.75 to C$11.50 and gave the stock a “sector perform” rating in a report on Thursday, November 30th. BMO Capital Markets lowered their price target on Lundin Mining from C$11.25 to C$10.00 and set a “market perform” rating for the company in a report on Thursday, November 30th. Scotiabank reissued a “focus stock” rating and set a C$10.50 price target on shares of Lundin Mining in a report on Thursday, October 26th. Royal Bank Of Canada cut Lundin Mining from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$10.00 to C$8.50 in a report on Friday, December 1st. Finally, Eight Capital restated a “buy” rating on shares of Lundin Mining in a research report on Thursday, August 17th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$9.63.
Lundin Mining (LUN) traded down C$0.12 during trading on Thursday, hitting C$6.81. The stock had a trading volume of 5,020,560 shares, compared to its average volume of 3,048,365. Lundin Mining has a 12 month low of C$6.30 and a 12 month high of C$10.22.
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.