TD Securities Increases Lumine Group (CVE:LMN) Price Target to C$39.00

Lumine Group (CVE:LMN) had its target price lifted by TD Securities from C$36.00 to C$39.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 45.52% from the company’s current price.

Separately, Royal Bank Of Canada reduced their price target on shares of Lumine Group from C$50.00 to C$42.00 and set an “outperform” rating for the company in a report on Monday, January 26th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$40.00.

Lumine Group Stock Performance

Shares of CVE LMN opened at C$26.80 on Thursday. Lumine Group has a 1-year low of C$17.77 and a 1-year high of C$55.00. The business has a 50-day moving average of C$22.84. The company has a market capitalization of C$6.88 billion, a P/E ratio of 53.60 and a beta of 0.88.