Primero Mining Corp (TSE:P) had its price target dropped by BMO Capital Markets from C$2.75 to C$1.60 in a report issued on Thursday. BMO Capital Markets’ target price would suggest a potential upside of 50.94% from the company’s previous close.

P has been the topic of several other research reports. Scotiabank lowered their price target 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. Dundee Securities lowered Primero Mining Corp from a “buy” rating to a “neutral” rating in a research report on Thursday, July 14th. Cantor Fitzgerald lowered Primero Mining Corp from a “buy” rating to a “hold” rating in a research report on Friday, August 5th. Canaccord Genuity reduced their target price on Primero Mining Corp from C$4.50 to C$4.25 and set a “buy” rating for the company in a research note on Saturday, August 6th. Finally, Desjardins downgraded Primero Mining Corp from a “buy” rating to a “hold” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. Primero Mining Corp has a consensus rating of “Hold” and an average price target of C$2.46.

Analyst Recommendations for Primero Mining Corp (TSE:P)

Primero Mining Corp (TSE:P) opened at 1.06 on Thursday. Primero Mining Corp has a 1-year low of $1.01 and a 1-year high of $3.78. The firm’s market capitalization is $199.20 million. The firm’s 50-day moving average price is $1.92 and its 200 day moving average price is $2.32.

Primero Mining Corp Company Profile

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