Today: The Labrador Iron Ore Royalty Corporation (LIF) Given Consensus Rating of “Buy” by Analysts

The Labrador Iron Ore Royalty Corporation (LIF) Given Consensus Rating of “Buy” by Analysts

Shares of Labrador Iron Ore Royalty Corporation (TSE:LIF) have been assigned a consensus rating of “Buy” from the eight research firms that are covering the company. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$13.81.

A number of brokerages recently commented on LIF. Scotiabank increased their price target on Labrador Iron Ore Royalty Corporation from C$14.50 to C$15.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 19th. Royal Bank Of Canada reissued an “outperform” rating and set a C$16.00 price target on shares of Labrador Iron Ore Royalty Corporation in a research note on Thursday, July 14th. RBC Capital Markets dropped their price target on Labrador Iron Ore Royalty Corporation from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research note on Saturday, August 6th. Finally, CSFB set a C$14.50 price target on Labrador Iron Ore Royalty Corporation in a research note on Thursday, June 30th.

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