Lumenpulse Inc (LMP) Receives Consensus Recommendation of “Buy” from Brokerages
Lumenpulse Inc (TSE:LMP) has received an average recommendation of “Buy” from the seven research firms that are presently covering the firm. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is C$19.60.
Several research analysts have issued reports on LMP shares. Roth Capital restated a “neutral” rating on shares of Lumenpulse in a report on Wednesday, August 24th. National Bank Financial restated an “outperform” rating and set a C$21.00 price target on shares of Lumenpulse in a report on Thursday, June 23rd. Royal Bank Of Canada lowered their price target on shares of Lumenpulse from C$22.00 to C$21.00 and set an “outperform” rating for the company in a report on Thursday, June 23rd. Finally, Scotiabank restated a “sector perform” rating and set a C$19.00 price target on shares of Lumenpulse in a report on Wednesday, September 7th.
Lumenpulse (TSE:LMP) opened at 16.70 on Thursday. The company’s 50-day moving average is $16.84 and its 200 day moving average is $16.70. Lumenpulse has a one year low of $13.37 and a one year high of $19.19. The firm has a market cap of $426.42 million and a PE ratio of 334.00.
Lumenpulse Company Profile
Lumenpulse Inc is engaged in the design, development, assembly and sale of lighting products. The Company operates in two segments: Lumenpulse LED products (LP) and other manufacturers’ products (OMP). The Company’s LP segments’ products consist of light-emitting diode (LED) lighting solutions. The Company’s LP segment designs, manufactures and sells lighting fixtures and solutions for indoor and outdoor applications with its focus on the commercial, institutional and urban environment markets.
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