Largo Resources (CVE:LGO) Price Target Cut to C$6.00

Largo Resources (CVE:LGOGet Free Report) had its price objective decreased by equities research analysts at CIBC from C$7.00 to C$6.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock.

Separately, Royal Bank of Canada reduced their price objective on Largo Resources from C$8.00 to C$5.00 and set an “outperform” rating for the company in a research note on Wednesday, March 27th.

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Largo Resources Price Performance

Largo Resources has a 12 month low of C$0.11 and a 12 month high of C$0.81.

About Largo Resources

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Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties.

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