Altius Minerals (TSE:ALS – Get Free Report) had its price target cut by Scotiabank from C$21.00 to C$20.00 in a report issued on Monday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 5.26% from the company’s current price.
Several other equities analysts have also weighed in on the stock. Canaccord Genuity Group dropped their price objective on shares of Altius Minerals from C$25.50 to C$25.00 in a report on Thursday, September 7th. Raymond James lowered their target price on shares of Altius Minerals from C$25.50 to C$25.00 and set an “outperform” rating on the stock in a report on Friday, November 10th. BMO Capital Markets lowered their target price on shares of Altius Minerals from C$23.00 to C$22.00 in a report on Friday, October 20th. TD Securities lowered their target price on shares of Altius Minerals from C$24.00 to C$22.00 and set a “hold” rating on the stock in a report on Thursday, November 9th. Finally, Laurentian upgraded shares of Altius Minerals from a “hold” rating to a “buy” rating and lowered their target price for the stock from C$23.50 to C$23.00 in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$23.69.
Altius Minerals Trading Up 0.4 %
Altius Minerals Company Profile
Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 11 operating mines covering copper, zinc, nickel, cobalt, potash, iron ore, precious metals, and thermal and metallurgical coal.
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