OTCMKTS:NNDIF - Noranda Income Fund Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1.75
  • Forecasted Upside: 103.49 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.86
+0.30 (1.20%)
1 month | 3 months | 12 months
Get New Noranda Income Fund Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NNDIF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NNDIF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$1.75
▲ +103.49% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Noranda Income Fund in the last 3 months. The average price target is $1.75, with a high forecast of $1.75 and a low forecast of $1.75. The average price target represents a 103.49% upside from the last price of $0.86.
Buy
The current consensus among 1 investment analysts is to buy stock in Noranda Income Fund.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/22/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/18/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/16/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/14/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
3/3/2021TD SecuritiesLower Price TargetBuy$2.75 ➝ $1.75
i
11/9/2020TD SecuritiesLower Price TargetBuy$3.25 ➝ $2.75
i
5/15/2020TD SecuritiesLower Price TargetBuy$3.75 ➝ $3.25
i
(Data available from 4/14/2016 forward)
Noranda Income Fund logo
Noranda Income Fund operates as an income trust. The company owns electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Québec that produces refined zinc metal and various by-products from zinc concentrate. Its products include jumbo zinc, a product customized with alloy for steel customers to enhance the productivity of galvanizing lines; zinc shot, a product that is used to produce electro-galvanized steel for the car industry; and granulated zinc that is used in the production of fertilizers and reagents for the pulp and paper industry. The company's by-products comprise copper cake, cadmium, and sulphuric acid. It serves customers in Canada, the United States, and internationally. Noranda Income Fund was founded in 1963 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: $0.86
$0.86
$0.86

50 Day Range

MA: $0.88
$0.85
$0.93

52 Week Range

Now: $0.86
$0.80
$1.07

Volume

27,500 shs

Average Volume

15,450 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Noranda Income Fund?

The following Wall Street sell-side analysts have issued reports on Noranda Income Fund in the last year: TD Securities.
View the latest analyst ratings for NNDIF.

What is the current price target for Noranda Income Fund?

1 Wall Street analysts have set twelve-month price targets for Noranda Income Fund in the last year. Their average twelve-month price target is $1.75, suggesting a possible upside of 103.5%. TD Securities has the highest price target set, predicting NNDIF will reach $1.75 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $1.75 for Noranda Income Fund in the next year.
View the latest price targets for NNDIF.

What is the current consensus analyst rating for Noranda Income Fund?

Noranda Income Fund currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NNDIF will outperform the market and that investors should add to their positions of Noranda Income Fund.
View the latest ratings for NNDIF.

How do I contact Noranda Income Fund's investor relations team?

The company's listed phone number is 514 745 9380. The official website for Noranda Income Fund is www.norandaincomefund.com.