Lonmin Plc (LON:LMI)‘s stock had its “underweight” rating reissued by investment analysts at Barclays PLC in a research report issued to clients and investors on Wednesday.
Several other equities analysts have also issued reports on the stock. Deutsche Bank AG restated a “sell” rating on shares of Lonmin Plc in a report on Tuesday, July 12th. Investec upped their price objective on shares of Lonmin Plc from GBX 29 ($0.38) to GBX 110 ($1.44) and gave the company a “sell” rating in a report on Tuesday, July 19th. Royal Bank Of Canada upped their price objective on shares of Lonmin Plc from GBX 100 ($1.31) to GBX 180 ($2.35) and gave the company an “underperform” rating in a report on Wednesday, August 3rd. Finally, Goldman Sachs Group Inc. upped their price objective on shares of Lonmin Plc from GBX 125 ($1.63) to GBX 130 ($1.70) and gave the company a “sell” rating in a report on Monday, August 8th. Ten equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Lonmin Plc has an average rating of “Sell” and an average price target of GBX 88.79 ($1.16).
Shares of Lonmin Plc (LON:LMI) opened at 185.50 on Wednesday. The company has a 50 day moving average of GBX 215.70 and a 200-day moving average of GBX 187.42. Lonmin Plc has a 52-week low of GBX 35.75 and a 52-week high of GBX 565.80. The company’s market cap is GBX 402.90 million.
Lonmin Plc Company Profile
Lonmin PLC is a producer of platinum group metals (PGMs). The Company explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. The Company’s segments include PGM Operations, Evaluation and Exploration. The PGM Operations segment consists of the operational mines and processing facilities, which are located in South Africa.
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