Lumine Group (CVE:LMN) Given New C$42.00 Price Target at Royal Bank Of Canada

Lumine Group (CVE:LMNGet Free Report) had its price target decreased by equities researchers at Royal Bank Of Canada from C$50.00 to C$42.00 in a research report issued on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 73.99% from the company’s previous close.

Lumine Group Trading Down 1.8%

Lumine Group stock traded down C$0.45 during midday trading on Monday, reaching C$24.14. 74,291 shares of the stock were exchanged, compared to its average volume of 185,602. The stock has a market cap of C$6.19 billion and a price-to-earnings ratio of 48.28. The firm has a fifty day simple moving average of C$26.91. Lumine Group has a 52 week low of C$22.81 and a 52 week high of C$55.00.

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