Desjardins upgraded shares of Champion Iron (TSE:CIA – Free Report) to a moderate buy rating in a research note published on Thursday, Zacks.com reports.
Several other equities research analysts have also commented on the stock. Scotiabank boosted their price target on shares of Champion Iron from C$7.00 to C$7.25 and gave the company a “sector perform” rating in a report on Monday, July 15th. TD Securities reduced their price target on shares of Champion Iron from C$8.00 to C$7.00 and set a “buy” rating for the company in a report on Friday. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Champion Iron presently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.10.
View Our Latest Research Report on Champion Iron
Champion Iron Price Performance
Champion Iron Company Profile
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in Canada. Its flagship projects include the Bloom Lake Mine located in south end of the Labrador; the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in Quebec; and the Kamistiatusset project located in the Labrador.
Recommended Stories
- Five stocks we like better than Champion Iron
- Bank Stocks – Best Bank Stocks to Invest In
- From PACs to Portfolios: Billionaire Bets and Investor Reactions
- How Technical Indicators Can Help You Find Oversold Stocks
- AppLovin Stock Quadruples: What’s Behind the Bullish Sentiment?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Battle of the Retailers: Who Comes Out on Top?
Receive News & Ratings for Champion Iron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Champion Iron and related companies with MarketBeat.com's FREE daily email newsletter.