Lundin Mining (LUNMF) Gets a Buy from Jefferies
In a report released today, Chris LaFemina from Jefferies maintained a Buy rating on Lundin Mining, with a price target of C$43.00.
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According to TipRanks, LaFemina is a 5-star analyst with an average return of 15.6% and a 56.30% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Vale SA, Rio Tinto, and Steel Dynamics.
In addition to Jefferies, Lundin Mining also received a Buy from Citi’s Alexander Hacking in a report issued on February 11. However, on the same day, J.P. Morgan maintained a Hold rating on Lundin Mining (Other OTC: LUNMF).
LUNMF market cap is currently C$29.73B and has a P/E ratio of 719.01.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LUNMF in relation to earlier this year.
Read More on LUNMF:
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- Lundin Mining Secures $4.5 Billion Credit Facility to Advance Vicuña Project
- Lundin Mining price target raised to SEK 213 from SEK 197 at JPMorgan
- Lundin Mining price target raised to C$40 from C$26 at Stifel
- Lundin Mining price target raised to C$41 from C$32 at Citi
- Lundin Mining price target raised to C$141 from C$123 at CIBC
