Champion Iron Mines Ltd (TSE:CHM) had its target price lowered by Raymond James from C$0.50 to C$0.45 in a research note released on Monday morning, Analyst Ratings News reports. They currently have a market perform rating on the stock.
Raymond James has also updated their ratings on a number of other stocks in the last week. The firm upgraded shares of BT Group plc from an outperform rating to a strong-buy rating. Also, Raymond James upgraded shares of Precision Drilling from a market perform rating to an outperform rating. Raymond James now has a $11.50 price target on that stock. Finally, Raymond James reiterated its market perform rating on shares of Canadian Natrl Res. They have a $38.00 price target on that stock.
Champion Iron Mines Ltd (TSE:CHM) traded up 3.39% on Monday, hitting $0.305. 662,726 shares of the company’s stock traded hands. Champion Iron Mines Ltd has a 52 week low of $0.155 and a 52 week high of $0.81. The stock’s 50-day moving average is $0.22 and its 200-day moving average is $0.2.
Separately, analysts at Scotiabank raised their price target on shares of Champion Iron Mines Ltd from C$0.20 to C$0.25 in a research note to investors on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the company. Champion Iron Mines Ltd currently has an average rating of Hold and an average price target of C$0.43.
Champion Iron Mines Limited (TSE:CHM), formerly Champion Minerals Inc, is an iron exploration and development company.
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