CIBC Trims Largo Resources (CVE:LGO) Target Price to C$6.00

Largo Resources (CVE:LGO) had its target price lowered by CIBC from C$7.00 to C$6.00 in a report issued on Wednesday, BayStreet.CA reports. CIBC currently has a neutral rating on the stock.

Separately, Royal Bank of Canada lowered their price objective on shares of Largo Resources from C$8.00 to C$5.00 and set an outperform rating on the stock in a research note on Wednesday, March 27th.

Largo Resources Stock Performance

Largo Resources has a twelve month low of C$0.11 and a twelve month high of C$0.81.

Largo Resources Company Profile

Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties.