Morgan Stanley Reaffirms Their Hold Rating on Lundin Mining (LUNMF)
Morgan Stanley analyst Ioannis Masvoulas maintained a Hold rating on Lundin Mining today and set a price target of SEK205.00.
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Masvoulas covers the Basic Materials sector, focusing on stocks such as Lundin Mining, First Quantum Minerals, and Antofagasta. According to TipRanks, Masvoulas has an average return of 6.7% and a 62.25% success rate on recommended stocks.
In addition to Morgan Stanley, Lundin Mining also received a Hold from J.P. Morgan’s Patrick Jones in a report issued yesterday. However, on January 31, TipRanks – Google reiterated a Buy rating on Lundin Mining (Other OTC: LUNMF).
The company has a one-year high of C$38.85 and a one-year low of C$8.94. Currently, Lundin Mining has an average volume of 2.71M.
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.
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- Lundin Mining price target lowered to SEK 205 from SEK 212 at Morgan Stanley
- Lundin Mining price target lowered to SEK 197 from SEK 200 at JPMorgan
- Lundin Mining price target lowered to C$29.20 from C$29.70 at JPMorgan
- Lundin Mining Reports Updated Share Capital Following Employee Equity Vesting
- Lundin Mining Flags Major Non-Cash Boosts Ahead of 2025 Results
