LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE. Upgrade...

[lorn]

CIBC Upgrades Lake Shore Gold to “Sector Perform” (LSG) Posted by Stephan Byrd on Jan 9th, 2014 https://tickerreport.com/banking-finance/102253/cibc-upgrades-lake-shore-gold-to-sector-perform-lsg/ CIBC upgraded shares of Lake Shore Gold (TSE:LSG) from an underperform rating to a sector perform rating in a research note released on Wednesday morning, AnalystRatings.NET reports. CIBC has also taken action a number of other stocks recently. The firm raised its price target on shares of Potash Corp from $33.00 to $35.00. Also, CIBC reiterated its sector underperform rating on shares of Allied Nevada Gold. Lake Shore Gold (TSE:LSG) opened at 0.60 on Wednesday. Lake Shore Gold has a 52-week low of $0.16 and a 52-week high of $0.92. The stock has a 50-day moving average of $0.46 and a 200-day moving average of $0.41. The company’s market cap is $250.0 million. A number of other analysts have also recently weighed in on LSG. Analysts at RBC Capital upgraded shares of Lake Shore Gold from an underperform rating to a sector perform rating in a research note to investors on Monday, December 16th. They now have a C$0.75 price target on the stock, up previously from C$0.50. Finally, analysts at M Partners initiated coverage on shares of Lake Shore Gold in a research note to investors on Thursday, December 12th. They set a buy rating and a C$0.75 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of C$0.85. Lake Shore Gold Corp. (TSE:LSG) is a gold mining company.