Lonmin Plc (LMI) Receives Consensus Recommendation of “Hold” from Analysts
Lonmin Plc (LON:LMI) has received a consensus recommendation of “Hold” from the ten analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 81.63 ($1.09).
Several research firms recently commented on LMI. Barclays lifted their price target on Lonmin from GBX 55 ($0.74) to GBX 80 ($1.07) and gave the stock an “underweight” rating in a research report on Tuesday, October 24th. Shore Capital restated a “not rated” rating on shares of Lonmin in a research report on Friday, November 3rd. Peel Hunt restated a “hold” rating and set a GBX 70 ($0.94) target price on shares of Lonmin in a research report on Friday, November 3rd. Liberum Capital restated a “sell” rating and set a GBX 15 ($0.20) target price on shares of Lonmin in a research report on Wednesday, October 18th. Finally, Shore Capital Group restated a “not rated” rating on shares of Lonmin in a research report on Friday, November 3rd.
Shares of Lonmin (LMI) opened at GBX 83.50 ($1.12) on Monday. Lonmin has a fifty-two week low of GBX 55.75 ($0.75) and a fifty-two week high of GBX 186.75 ($2.50). The firm has a market cap of $235.30 and a PE ratio of -60.95.
Lonmin 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.
Receive News & Ratings for Lonmin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonmin and related companies with MarketBeat.com's FREE daily email newsletter.