Brokerages Set Primero Mining Corp (P) Price Target at $2.19
Primero Mining Corp (TSE:P) (NYSE:PPP) has been assigned a consensus rating of “Hold” from the twelve brokerages that are covering the firm. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$2.19.
A number of brokerages recently commented on P. Scotiabank reissued a “sector perform” rating and issued a C$3.50 price objective on shares of Primero Mining Corp in a research note on Tuesday, September 20th. Dundee Securities downgraded shares of Primero Mining Corp from a “neutral” rating to a “sell” rating in a research note on Thursday, August 4th. Royal Bank Of Canada reduced their price objective on shares of Primero Mining Corp from C$3.00 to C$2.00 and set a “sector perform” rating for the company in a research note on Thursday, November 10th. Cantor Fitzgerald downgraded shares of Primero Mining Corp from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Finally, Desjardins raised shares of Primero Mining Corp from a “hold” rating to a “buy” rating in a research note on Thursday, October 20th.
Primero Mining Corp (TSE:P) opened at 1.03 on Thursday. Primero Mining Corp has a 1-year low of $1.01 and a 1-year high of $3.78. The stock has a 50 day moving average price of $1.77 and a 200-day moving average price of $2.28. The stock’s market capitalization is $193.57 million.
About Primero Mining Corp
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