TSX:LSG.DB - Post by User
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Wikyon Jul 10, 2014 5:13pm
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Lake Shore Gold Corp. PT Raised to C$1.65 at TD Securities (LSG)
Posted by Zach Kirkland on Jul 10th, 2014
Lake Shore Gold Corp. logoStock analysts at TD Securities hoisted their target price on shares of Lake Shore Gold Corp. (TSE:LSG) from C$1.40 to C$1.65 in a report issued on Thursday. The firm currently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 41.03% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Lake Shore Gold Corp. in a research note on Wednesday. They now have a C$1.30 price target on the stock, up previously from C$1.00. Separately, analysts at National Bank Financial raised their price target on shares of Lake Shore Gold Corp. from C$1.00 to C$1.25 in a research note on Friday, July 4th. Finally, analysts at BMO Capital Markets raised their price target on shares of Lake Shore Gold Corp. from C$0.55 to C$0.70 in a research note on Thursday, May 8th. They now have an “underperform” rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of C$1.13.
Lake Shore Gold Corp. (TSE:LSG) traded up 5.13% on Thursday, hitting $1.23. 1,899,878 shares of the company’s stock traded hands. Lake Shore Gold Corp. has a 52-week low of $0.315 and a 52-week high of $1.19. The stock’s 50-day moving average is $0.89 and its 200-day moving average is $0.81. The company’s market cap is $512.6 million.