Lumine Group (CVE:LMN) Given New C$39.00 Price Target at Desjardins

Lumine Group (CVE:LMN) had its price target raised by Desjardins from C$36.00 to C$39.00 in a research note released on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada decreased their price objective on shares of Lumine Group from C$50.00 to C$42.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. TD Securities lifted their price target on Lumine Group from C$36.00 to C$39.00 and gave the stock a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$40.00.

Lumine Group Price Performance

Shares of Lumine Group stock opened at C$26.80 on Friday. The stock has a market capitalization of C$6.88 billion, a price-to-earnings ratio of 53.60 and a beta of 0.88. Lumine Group has a 52 week low of C$17.77 and a 52 week high of C$55.00. The company has a 50 day moving average of C$22.84.