Stonecap Securities lowered their price target on shares of Labrador Iron Mines (TSE: LIM) from $3.60 to $2.60 in a research note issued on Thursday. The firm currently has a “sector perform” rating on the stock.
A number of other analysts have also recently weighed in on LIM. Analysts at Canaccord Adams cut their price target on shares of Labrador Iron Mines from $7.50 to $6.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Desjardins Securities downgraded shares of Labrador Iron Mines from a “top pick” rating to a “buy” rating in a research note to investors on Thursday. They now have a $5.50 price target on the stock, down previously from $7.00. Finally, analysts at Paradigm Research cut their price target on shares of Labrador Iron Mines from $7.50 to $5.50 in a research note to investors on Thursday. They now have a “buy” rating on the stock. |