Lumine Group (CVE:LMN – Get Free Report) had its price target raised by investment analysts at Desjardins from C$38.00 to C$40.00 in a research note issued to investors on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock. Desjardins‘s target price points to a potential upside of 42.40% from the company’s current price.
Separately, TD lifted their price objective on Lumine Group from C$42.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday. Four investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, Lumine Group presently has a consensus rating of “Buy” and an average price target of C$39.75.
View Our Latest Stock Analysis on LMN
Lumine Group Price Performance
CVE LMN opened at C$28.09 on Thursday. The firm has a market capitalization of C$7.21 billion, a price-to-earnings ratio of 66.88 and a beta of 0.99. The company’s fifty day moving average is C$23.52 and its two-hundred day moving average is C$22.59. Lumine Group has a 52-week low of C$17.77 and a 52-week high of C$31.95.
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