Lumenpulse Inc (LMP) Receives Average Recommendation of “Buy” from Analysts
Shares of Lumenpulse Inc (TSE:LMP) have been given a consensus rating of “Buy” by the seven research firms that are covering the stock. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$19.60.
LMP has been the topic of several analyst reports. Scotiabank reissued a “sector perform” rating and issued a C$19.00 target price on shares of Lumenpulse in a research report on Wednesday, September 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$21.00 target price on shares of Lumenpulse in a research report on Friday, September 2nd. Roth Capital reissued a “neutral” rating on shares of Lumenpulse in a research report on Wednesday, August 24th. Finally, National Bank Financial reissued an “outperform” rating and issued a C$21.00 target price on shares of Lumenpulse in a research report on Wednesday, September 7th.
Lumenpulse (TSE:LMP) opened at 16.37 on Thursday. The stock has a market cap of $417.99 million and a P/E ratio of 327.40. Lumenpulse has a 52 week low of $13.86 and a 52 week high of $19.19. The stock has a 50 day moving average of $16.35 and a 200-day moving average of $16.73.
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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