Primero Mining Corp (P) Price Target Cut to C$2.00
Primero Mining Corp (TSE:P) had its target price dropped by investment analysts at Royal Bank Of Canada from C$3.00 to C$2.00 in a research report issued on Thursday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 88.68% from the company’s current price.
A number of other equities analysts also recently issued reports on P. Desjardins set a C$2.70 price target on Primero Mining Corp and gave the stock a “hold” rating in a research report on Saturday, August 6th. CIBC cut their target price on Primero Mining Corp from C$4.00 to C$3.00 in a research report on Saturday, August 6th. Canaccord Genuity cut their target price on Primero Mining Corp from C$4.50 to C$4.25 and set a “buy” rating on the stock in a research report on Saturday, August 6th. Scotiabank cut their target price on Primero Mining Corp from C$4.00 to C$3.50 and set a “sector perform” rating on the stock in a research report on Friday, August 5th. Finally, Dundee Securities downgraded Primero Mining Corp from a “buy” rating to a “neutral” rating in a research report on Thursday, July 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of C$2.46.
Shares of Primero Mining Corp (TSE:P) opened at 1.06 on Thursday. The firm’s 50-day moving average price is $1.92 and its 200-day moving average price is $2.32. The company’s market capitalization is $199.20 million. Primero Mining Corp has a 12-month low of $1.01 and a 12-month high of $3.78.
About Primero Mining Corp
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