Lonmin Plc (LON:LMI)‘s stock had its “underweight” rating reaffirmed by equities research analysts at Barclays PLC in a research report issued on Wednesday.
Several other equities research analysts have also issued reports on the company. Deutsche Bank AG reaffirmed a “sell” rating on shares of Lonmin Plc in a research note on Tuesday, July 12th. Investec lifted their price target on Lonmin Plc from GBX 29 ($0.38) to GBX 110 ($1.44) and gave the stock a “sell” rating in a research note on Tuesday, July 19th. Goldman Sachs Group Inc. lifted their price target on Lonmin Plc from GBX 125 ($1.63) to GBX 130 ($1.70) and gave the stock a “sell” rating in a research note on Monday, August 8th. Finally, Royal Bank Of Canada lifted their price target on Lonmin Plc from GBX 100 ($1.31) to GBX 180 ($2.35) and gave the stock an “underperform” rating in a research note on Wednesday, August 3rd. Ten investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Sell” and an average target price of GBX 88.79 ($1.16).
Shares of Lonmin Plc (LON:LMI) opened at 199.75 on Wednesday. Lonmin Plc has a 12 month low of GBX 35.75 and a 12 month high of GBX 565.80. The company’s market cap is GBX 433.86 million. The company’s 50 day moving average price is GBX 213.76 and its 200 day moving average price is GBX 187.47.
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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