UBS has adjusted its price target for Lundin Mining (LUNMF, Financial), reducing it from C$14.50 to C$13.50, although the Buy rating remains intact. This revision is influenced by a reassessment of industrial commodity forecasts, particularly for the years 2025 and 2026, amid ongoing trade tensions. Despite these adjustments, UBS maintains a positive outlook on the medium-term recovery of both copper and aluminum. Moreover, the firm continues to hold a constructive view on gold, suggesting a stable outlook in the precious metals segment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Lundin Mining Corp (LUNMF, Financial) is $9.42 with a high estimate of $12.00 and a low estimate of $6.84. The average target implies an upside of 22.10% from the current price of $7.72. More detailed estimate data can be found on the Lundin Mining Corp (LUNMF) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Lundin Mining Corp's (LUNMF, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lundin Mining Corp (LUNMF, Financial) in one year is $8.63, suggesting a upside of 11.86% from the current price of $7.715. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lundin Mining Corp (LUNMF) Summary page.
