Shares of Labrador Iron Ore Royalty Corporation (TSE:LIF) have been assigned a consensus rating of “Buy” from the eight ratings firms that are presently covering the company. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$14.06.

LIF has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$16.00 target price on shares of Labrador Iron Ore Royalty Corporation in a research report on Thursday, October 20th. RBC Capital Markets lifted their target price on Labrador Iron Ore Royalty Corporation from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Thursday, September 8th. Finally, Scotiabank lifted their target price on Labrador Iron Ore Royalty Corporation from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Monday, November 7th.

Shares of Labrador Iron Ore Royalty Corporation (TSE:LIF) opened at 16.18 on Thursday. Labrador Iron Ore Royalty Corporation has a 1-year low of $6.85 and a 1-year high of $16.78. The company has a 50-day moving average price of $14.48 and a 200-day moving average price of $13.48. The company has a market cap of $1.04 billion and a PE ratio of 20.38.

Labrador Iron Ore Royalty Corporation Company Profile

Receive News & Stock Ratings for Labrador Iron Ore Royalty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Iron Ore Royalty Corporation and related stocks with our FREE daily email newsletter.