Labrador Iron Ore Royalty Corporation (TSE:LIF) Rating Reaffirmed
In analysts report disseminated by RBC Capital Markets on Tuesday, 15 December, The Rating on Labrador Iron Ore Royalty Corporation (TSE:LIF) shares of a ‘Outperform’ was maintained.
From a total of 8 analysts covering Labrador Iron Ore Royalty Corporation (TSE:LIF) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 71% of the ratings are positive. The highest target price is $14.55 while the lowest target price is $10.18. The mean of all analyst targets is $12.68 with a 63.92% above today’s ($10.92) stock price. Labrador Iron Ore Royalty Corporation was the topic of 13 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on October 16 with “Outperform” rating. Desjardins Securities downgraded LIF stock in a recent report from August 7 to “Hold” rating.
It is down 27.54% since May 12, 2015 and is downtrending. It has underperformed by 23.86% the S&P500.