Shares of Champion Iron Limited ( TSE:CIA – Get Free Report ) hit a new 52-week low on Thursday . The stock traded as low as C$3.30 and last traded at C$3.31, with a volume of 69778 shares. The stock had previously closed at C$3.35.
Wall Street Analyst Weigh In A number of research firms recently issued reports on CIA. Scotiabank lowered their target price on shares of Champion Iron from C$6.00 to C$5.50 and set a “sector outperform” rating for the company in a report on Monday, June 15th. TD increased their price target on shares of Champion Iron from C$5.00 to C$6.50 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. National Bank Financial decreased their price target on shares of Champion Iron from C$5.75 to C$5.50 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. Scotia decreased their price target on shares of Champion Iron from C$5.50 to C$5.00 and set a “sector outperform” rating on the stock in a report on Friday, July 31st. Finally, BMO Capital Markets cut shares of Champion Iron from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy ratin...