TSE:LIF - Labrador Iron Ore Royalty Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$38.14
  • Forecasted Upside: 3.09 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$37.00
▲ +0.76 (2.10%)
1 month | 3 months | 12 months
Get New Labrador Iron Ore Royalty Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for LIF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for LIF

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.
C$38.14
▲ +3.09% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Labrador Iron Ore Royalty in the last 3 months. The average price target is C$38.14, with a high forecast of C$45.00 and a low forecast of C$29.00. The average price target represents a 3.09% upside from the last price of C$37.00.
Buy
The current consensus among 5 investment analysts is to buy stock in Labrador Iron Ore Royalty. This rating has held steady since September 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/21/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/19/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/18/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/17/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/15/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/13/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/14/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/13/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
4/12/2021ScotiabankBoost Price TargetC$41.00 ➝ C$45.00
i
4/6/2021Raymond JamesDowngradeOutperform ➝ Market PerformC$38.00 ➝ C$37.00
i
3/22/2021Royal Bank of CanadaBoost Price TargetOutperform ➝ OutperformC$40.00 ➝ C$42.00
i
3/8/2021Raymond JamesSet Price TargetOutperformC$38.00
i
3/8/2021TD SecuritiesBoost Price TargetC$40.00 ➝ C$41.00
i
3/5/2021ScotiabankBoost Price TargetC$40.00 ➝ C$41.00
i
2/23/2021BMO Capital MarketsBoost Price TargetC$32.00 ➝ C$33.00
i
1/25/2021TD SecuritiesBoost Price TargetBuyC$38.00 ➝ C$40.00
i
1/22/2021Eight CapitalBoost Price TargetOutperformC$40.00
i
1/15/2021Raymond JamesBoost Price TargetOutperformC$35.00 ➝ C$38.00
i
1/12/2021Royal Bank of CanadaBoost Price TargetC$39.00 ➝ C$40.00
i
1/11/2021ScotiabankBoost Price TargetOutperformC$36.00 ➝ C$40.00
i
12/17/2020BMO Capital MarketsBoost Price TargetC$27.00 ➝ C$32.00
i
12/16/2020Eight CapitalBoost Price TargetC$33.00 ➝ C$36.00
i
12/16/2020TD SecuritiesBoost Price TargetC$32.00 ➝ C$38.00
i
12/14/2020Raymond JamesBoost Price TargetOutperformC$32.00 ➝ C$35.00
i
12/3/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$38.00 ➝ C$39.00
i
12/3/2020ScotiabankBoost Price TargetC$35.00 ➝ C$36.00
i
11/30/2020Raymond JamesReiterated RatingOutperformC$32.00
i
11/30/2020Royal Bank of CanadaBoost Price TargetBuyC$33.00 ➝ C$38.00
i
11/9/2020Raymond JamesReiterated RatingOutperformC$32.00
i
10/14/2020Eight CapitalBoost Price TargetC$30.00 ➝ C$33.00
i
10/13/2020ScotiabankBoost Price TargetC$33.00 ➝ C$35.00
i
9/30/2020BMO Capital MarketsBoost Price TargetC$25.00 ➝ C$27.00
i
8/10/2020Raymond JamesBoost Price TargetOutperformC$29.00 ➝ C$30.00
i
8/10/2020TD SecuritiesBoost Price TargetBuyC$29.00 ➝ C$30.00
i
8/10/2020Royal Bank of CanadaBoost Price TargetC$26.00 ➝ C$29.00
i
8/7/2020ScotiabankBoost Price TargetC$30.00 ➝ C$32.00
i
7/20/2020Eight CapitalBoost Price TargetC$24.50 ➝ C$30.00
i
7/15/2020Raymond JamesBoost Price TargetOutperformC$27.00 ➝ C$29.00
i
7/15/2020CIBCBoost Price TargetC$27.00 ➝ C$29.00
i
6/25/2020BMO Capital MarketsBoost Price TargetC$20.00 ➝ C$25.00
i
6/12/2020Raymond JamesBoost Price TargetOutperformC$26.00 ➝ C$27.00
i
6/11/2020TD SecuritiesReiterated RatingBuyC$28.00
i
6/9/2020ScotiabankBoost Price TargetC$25.00 ➝ C$30.00
i
5/11/2020Raymond JamesBoost Price TargetOutperformC$24.50 ➝ C$26.00
i
4/21/2020Eight CapitalLower Price TargetC$27.50 ➝ C$24.50
i
4/6/2020Raymond JamesReiterated RatingOutperformC$24.50
i
4/1/2020BMO Capital MarketsLower Price TargetC$25.00 ➝ C$20.00
i
4/1/2020CIBCLower Price TargetC$29.00 ➝ C$27.00
i
3/31/2020Raymond JamesLower Price TargetOutperformC$29.00 ➝ C$24.00
i
3/9/2020Raymond JamesLower Price TargetOutperformC$33.00 ➝ C$29.00
i
3/6/2020ScotiabankLower Price TargetC$30.00 ➝ C$28.00
i
1/23/2020CIBCLower Price TargetC$34.00 ➝ C$32.00
i
1/17/2020ScotiabankLower Price TargetC$31.00 ➝ C$30.00
i
12/17/2019BMO Capital MarketsLower Price TargetC$27.00 ➝ C$25.00
i
11/15/2019CIBCLower Price TargetC$35.00 ➝ C$34.00
i
10/1/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$29.00 ➝ C$27.00
i
9/27/2019CIBCReiterated RatingOutperformC$35.00
i
9/26/2019BMO Capital MarketsLower Price TargetC$36.00 ➝ C$27.00
i
8/16/2019Raymond JamesLower Price TargetOutperformC$35.00 ➝ C$33.00
i
6/27/2019BMO Capital MarketsBoost Price TargetC$34.00 ➝ C$36.00
i
6/6/2019Raymond JamesReiterated RatingOutperformC$35.00
i
3/8/2019BMO Capital MarketsBoost Price TargetC$30.00 ➝ C$34.00
i
1/31/2019BMO Capital MarketsSet Price TargetC$30.00
i
11/13/2018BMO Capital MarketsBoost Price TargetC$26.00 ➝ C$28.00
i
9/20/2018BMO Capital MarketsBoost Price TargetC$25.00 ➝ C$26.00
i
4/18/2018ScotiabankSet Price TargetOutperformC$30.00
i
3/12/2018BMO Capital MarketsBoost Price TargetC$21.00 ➝ C$22.00
i
3/12/2018Eight CapitalLower Price TargetC$26.50 ➝ C$24.00
i
3/9/2018ScotiabankReiterated RatingOutperformC$32.00
i
2/9/2018ScotiabankBoost Price TargetOutperformC$30.00 ➝ C$32.00
i
1/16/2018ScotiabankSet Price TargetOutperformC$30.00
i
1/10/2018Royal Bank of CanadaBoost Price TargetOutperformC$29.00 ➝ C$32.00
i
12/18/2017BMO Capital MarketsBoost Price TargetC$18.00 ➝ C$21.00
i
12/15/2017ScotiabankReiterated RatingOutperformC$26.50
i
11/8/2017Royal Bank of CanadaBoost Price TargetOutperformC$23.00 ➝ C$25.00
i
11/7/2017ScotiabankBoost Price TargetOutperformC$24.50 ➝ C$25.00
i
10/17/2017ScotiabankReiterated RatingOutperformC$24.50
i
9/26/2017BMO Capital MarketsBoost Price TargetC$17.00 ➝ C$18.00
i
9/18/2017ScotiabankBoost Price TargetOutperformC$23.00 ➝ C$25.00
i
9/7/2017ScotiabankUpgradeSector Perform ➝ OutperformC$20.00 ➝ C$23.00
i
8/17/2017Eight CapitalReiterated RatingNeutral
i
8/3/2017ScotiabankBoost Price TargetSector PerformC$18.00 ➝ C$20.00
i
8/3/2017CSFBUpgradeUnderperform ➝ OutperformC$16.50 ➝ C$20.00
i
7/18/2017ScotiabankReiterated RatingSector PerformC$18.00
i
6/13/2017ScotiabankLower Price TargetSector PerformC$20.00
i
5/26/2017ScotiabankReiterated RatingSector PerformC$20.00
i
5/23/2017CSFBDowngradeNeutral ➝ UnderperformC$20.00 ➝ C$16.50
i
5/4/2017ScotiabankReiterated RatingSector PerformC$20.00
i
4/20/2017ScotiabankReiterated RatingSector PerformC$20.00
i
4/20/2017Royal Bank of CanadaReiterated RatingOutperformC$24.00
i
4/12/2017Royal Bank of CanadaReiterated RatingOutperformC$24.00
i
3/9/2017ScotiabankBoost Price TargetSector PerformC$18.50 ➝ C$20.00
i
3/3/2017ScotiabankBoost Price TargetSector PerformC$18.00 ➝ C$18.50
i
2/24/2017ScotiabankBoost Price TargetSector PerformC$17.50 ➝ C$18.00
i
2/24/2017Royal Bank of CanadaReiterated RatingOutperform
i
1/18/2017Royal Bank of CanadaReiterated RatingOutperformC$23.00
i
1/17/2017ScotiabankReiterated RatingSector PerformC$17.50
i
1/12/2017Royal Bank of CanadaReiterated RatingOutperformC$23.00
i
12/14/2016Royal Bank of CanadaReiterated RatingOutperform
i
12/9/2016ScotiabankReiterated RatingSector PerformC$17.00
i
12/9/2016CSFBBoost Price TargetC$18.00 ➝ C$19.00
i
12/8/2016Royal Bank of CanadaReiterated RatingOutperform
i
11/23/2016ScotiabankBoost Price TargetSector PerformC$16.00 ➝ C$17.00
i
11/7/2016ScotiabankBoost Price TargetSector PerformC$15.00 ➝ C$16.00
i
11/7/2016Royal Bank of CanadaReiterated RatingOutperformC$16.00 ➝ C$17.00
i
10/20/2016ScotiabankLower Price TargetSector PerformC$15.50 ➝ C$15.00
i
10/20/2016Royal Bank of CanadaReiterated RatingOutperformC$16.00
i
10/12/2016Royal Bank of CanadaReiterated RatingOutperformC$16.00
i
9/8/2016Royal Bank of CanadaBoost Price TargetOutperformC$15.00 ➝ C$16.00
i
8/8/2016ScotiabankReiterated RatingSector PerformC$15.00
i
8/6/2016Royal Bank of CanadaLower Price TargetOutperformC$16.00 ➝ C$15.00
i
7/19/2016ScotiabankBoost Price TargetOutperform ➝ Sector PerformC$14.50 ➝ C$15.00
i
7/14/2016Royal Bank of CanadaReiterated RatingOutperformC$16.00
i
6/30/2016CSFBSet Price TargetC$14.50
i
5/27/2016ScotiabankReiterated RatingOutperformC$14.50
i
5/3/2016Royal Bank of CanadaReiterated RatingOutperformC$17.50
i
4/19/2016Royal Bank of CanadaReiterated RatingOutperformC$17.50
i
(Data available from 4/14/2016 forward)
Labrador Iron Ore Royalty logo
Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in Iron Ore Company of Canada (IOC) that operates an iron mine at Labrador City, Newfoundland and Labrador. IOC produces seaborne iron ore pellets; and produces and processes iron ore concentrate and pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.
Read More

Today's Range

Now: C$37.00
C$36.31
C$37.07

50 Day Range

MA: C$37.81
C$36.01
C$40.30

52 Week Range

Now: C$37.00
C$17.02
C$40.76

Volume

198,502 shs

Average Volume

398,614 shs

Market Capitalization

C$2.37 billion

P/E Ratio

10.42

Dividend Yield

9.11%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Labrador Iron Ore Royalty?

The following Wall Street sell-side analysts have issued research reports on Labrador Iron Ore Royalty in the last year: BMO Capital Markets, CIBC, Eight Capital, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for LIF.

What is the current price target for Labrador Iron Ore Royalty?

7 Wall Street analysts have set twelve-month price targets for Labrador Iron Ore Royalty in the last year. Their average twelve-month price target is C$38.14, suggesting a possible upside of 3.1%. Scotiabank has the highest price target set, predicting LIF will reach C$45.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$29.00 for Labrador Iron Ore Royalty in the next year.
View the latest price targets for LIF.

What is the current consensus analyst rating for Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe LIF will outperform the market and that investors should add to their positions of Labrador Iron Ore Royalty.
View the latest ratings for LIF.

What other companies compete with Labrador Iron Ore Royalty?

How do I contact Labrador Iron Ore Royalty's investor relations team?

The company's listed phone number is 416-863-7133. The official website for Labrador Iron Ore Royalty is www.labradorironore.com.