18:10:27 EST Thu 11 Dec 2025
Enter Symbol
or Name
USA
CA



Stingray Group Inc
Symbol RAY
Shares Issued 53,846,389
Close 2025-12-10 C$ 13.84
Market Cap C$ 745,234,024
Recent Sedar Documents

Globe says Lumine Group maintained at "buy"

2025-12-11 09:27 ET - In the News

See In the News (C-LMN) Lumine Group Inc

The Globe and Mail reports in its Thursday, Dec. 11, edition that Desjardins Securities analyst Jerome Dubreuil calls Lumine Group his "best IT services, software and other tech idea." The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil has reaffirmed his "buy" recommendation and $52 share target. Analysts on average target the shares at $49. Dubreuil says in a note: "A part of this call lies in our view that software companies with resources, drive and foresight (such as the Constellation family) will successfully navigate the AI transition. We believe the recent resumption of M&A activity at Lumine Group will show that little has changed at the company despite the stock being down 47 per cent from all-time highs. Resilience to AI could also support our IT services coverage of CGI and Alithya Group. Finally, we believe the benefits from FAST channels momentum and the TuneIn acquisition should make 2026 another strong year for Stingray Group."

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