Lightstream Resources Ltd. LSTMF

Lightstream Resources Recent Upgrades, may explain support??

[kmapp]

Lightstream Resources Upgraded by Dundee Securities to Neutral (LTS) July 7th, 2015 - by Mark Watkins Lightstream Resources Ltd Dundee Securities upgraded shares of Lightstream Resources (TSE:LTS) from a sell rating to a neutral rating in a research report released on Tuesday morning, Market Beat reports. A number of other firms have also recently commented on LTS. Analysts at Barclays raised their price target on shares of Lightstream Resources from C$0.75 to C$1.00 and gave the company an underweight rating in a research note on Friday. Separately, analysts at TD Securities raised their price target on shares of Lightstream Resources from C$1.15 to C$1.50 and gave the company a hold rating in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a sell rating and six have issued a hold rating to the companys stock. The stock presently has a consensus rating of Hold and an average price target of C$3.05. Shares of Lightstream Resources (TSE:LTS) traded down 1.02% during mid-day trading on Tuesday, hitting $0.97. 810,740 shares of the companys stock traded hands. Lightstream Resources has a 52 week low of $0.64 and a 52 week high of $8.14. The stock has a 50-day moving average of $1.13 and a 200-day moving average of $1.16. The companys market cap is $191.48 million.