Labrador Iron Ore Royalty Corporation (TSE:LIF)‘s stock had its “outperform” rating reiterated by investment analysts at Royal Bank Of Canada in a research note issued on Wednesday. They currently have a C$16.00 price objective on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 21.21% from the stock’s previous close.

LIF has been the subject of a number of other research reports. Scotiabank reissued a “sector perform” rating and set a C$15.00 target price on shares of Labrador Iron Ore Royalty Corporation in a research note on Monday, August 8th. RBC Capital Markets boosted their target price on shares of Labrador Iron Ore Royalty Corporation from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Thursday, September 8th. Finally, CSFB set a C$14.50 target price on shares of Labrador Iron Ore Royalty Corporation in a research note on Thursday, June 30th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Labrador Iron Ore Royalty Corporation has a consensus rating of “Buy” and a consensus price target of C$13.81.

Analyst Recommendations for Labrador Iron Ore Royalty Corporation (TSE:LIF)

Shares of Labrador Iron Ore Royalty Corporation (TSE:LIF) opened at 13.20 on Wednesday. The company has a market capitalization of $838.42 million and a PE ratio of 17.51. Labrador Iron Ore Royalty Corporation has a 12 month low of $6.85 and a 12 month high of $16.92. The stock has a 50 day moving average price of $13.31 and a 200-day moving average price of $13.19.

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