Analysts fell to the sidelines weighing in on Lundin Mining (LUNMF – Research Report) and Trilogy Metals (TMQ – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Lundin Mining (LUNMF)
Raymond James analyst Farooq Hamed maintained a Hold rating on Lundin Mining today and set a price target of C$10.00. The company’s shares closed last Friday at $6.94.
According to TipRanks.com, Hamed has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Lundin Mining is a Hold with an average price target of $6.57, implying a -7.5% downside from current levels. In a report issued on January 9, National Bank also maintained a Hold rating on the stock with a C$9.25 price target.
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Trilogy Metals (TMQ)
In a report released today, Eric Winmill from Scotiabank maintained a Hold rating on Trilogy Metals, with a price target of C$1.10. The company’s shares closed last Friday at $0.60, close to its 52-week low of $0.50.
According to TipRanks.com, Winmill is ranked #6264 out of 8268 analysts.
Trilogy Metals has an analyst consensus of Hold, with a price target consensus of $0.79, representing a 38.6% upside. In a report issued on January 9, National Bank also maintained a Hold rating on the stock with a C$1.00 price target.
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Read More on LUNMF:
- Lundin Mining price target lowered to C$8 from C$9 at BMO Capital
- Lundin Mining price target raised to SEK 68 from SEK 65 at Deutsche Bank
- Lundin Mining price target raised to C$9.25 from C$8.25 at National Bank
- Lundin Mining price target lowered to SEK 65 from SEK 69 at JPMorgan
- Lundin Mining downgraded to Market Perform from Outperform at BMO Capital
