Goldman Sachs Reiterates sell/attractive on Lonmin (LMI)
Lonmin (LON: LMI)‘s stock had its “sell/attractive” rating restated by equities researchers at Goldman Sachs in a report issued on Thursday. They currently have a $3.20 (200 GBX) target price on the stock.
Lonmin opened at 306.73 on Thursday. Lonmin has a 52-week low of GBX 246.00 and a 52-week high of GBX 726.223. The stock’s 50-day moving average is currently GBX 581.0. The company’s market cap is £621.6 million.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “sell” rating on shares of Lonmin in a research note to investors on Tuesday. They now have a $0.61 price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Lonmin in a research note to investors on Monday, December 31st. They now have a $4.20 price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Lonmin in a research note to investors on Friday, December 21st. They now have a $4.23 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.