Exane BNP Paribas Reiterates Underperform on Lonmin (LMI)
Lonmin (LON: LMI)‘s stock had its “underperform” rating reaffirmed by research analysts at Exane BNP Paribas in a report released on Tuesday. They currently have a $9.03 (560 GBX) target price on the stock.
Shares of Lonmin opened at 580.00 on Tuesday. Lonmin has a one year low of GBX 525.50 and a one year high of GBX 1168.00. The company’s market cap is £1.176 billion.
A number of other firms have also recently commented on LMI. Analysts at RBC Capital downgraded shares of Lonmin to an “underperform” rating in a research note to investors on Tuesday, September 11th. They now have a $8.06 price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Lonmin in a research note to investors on Monday, September 10th. They now have a $12.60 price target on the stock. Finally, analysts at Societe Generale upgraded shares of Lonmin to a “sell” rating in a research note to investors on Tuesday, September 4th. They now have a $2.30 price target on the stock.
Lonmin Plc is a United Kingdom-based company. The principal activities of the Company during the fiscal year ended September 30, 2011 (fiscal 2011), were mining, refining and marketing of Platinum Group Metals (PGM).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.