Peel Hunt upgraded shares of Lonmin Plc (LON:LMI) to a hold rating in a report issued on Friday. The brokerage currently has GBX 70 ($0.94) price objective on the mining company’s stock.

Other equities research analysts have also issued research reports about the company. HSBC Holdings plc reduced their price target on Lonmin Plc from GBX 75 ($1.01) to GBX 58 ($0.78) and set a reduce rating on the stock in a research report on Monday, June 12th. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 110 ($1.48) price target on shares of Lonmin Plc in a research report on Tuesday, July 18th. Liberum Capital reiterated a sell rating and issued a GBX 15 ($0.20) price target on shares of Lonmin Plc in a research report on Monday, August 7th. Goldman Sachs Group, Inc. (The) upgraded Lonmin Plc to a neutral rating and set a GBX 60 ($0.81) price target on the stock in a research report on Friday, June 30th. Finally, Barclays PLC reduced their price target on Lonmin Plc from GBX 100 ($1.35) to GBX 55 ($0.74) and set an underweight rating on the stock in a research report on Friday, July 14th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Lonmin Plc currently has a consensus rating of Hold and an average price target of GBX 92.73 ($1.25).

Lonmin Plc (LON LMI) opened at 70.75 on Friday. The stock’s 50 day moving average price is GBX 83.24 and its 200 day moving average price is GBX 87.12. Lonmin Plc has a 52 week low of GBX 61.50 and a 52 week high of GBX 230.25. The firm’s market cap is GBX 199.80 million.

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Lonmin Plc Company Profile

Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.

Analyst Recommendations for Lonmin Plc (LON:LMI)

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