Analysts at CIBC increased their price objective on shares ofLake Shore Gold Corp (TSE:LSG) from C$1.30 to C$1.50 in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating on the stock. CIBC’s price objective suggests a potential upside of 41.51% from the company’s current price.

Separately, analysts at Pi Financial raised their price target on shares of Lake Shore Gold Corp from C$1.20 to C$1.30 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Lake Shore Gold Corp currently has a consensus rating of “Hold” and an average price target of C$1.37.

Shares of Lake Shore Gold Corp (TSE:LSG) traded up 1.89% on Thursday, hitting $1.08. The stock had a trading volume of 1,349,424 shares. Lake Shore Gold Corp has a 52-week low of $0.68 and a 52-week high of $1.40. The stock’s 50-day moving average is $0.99 and its 200-day moving average is $1.03. The company’s market cap is $456.3 million.