Lonmin Plc (LON:LMI) has been assigned an average rating of “Sell” from the sixteen ratings firms that are currently covering the company. Ten research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 100.08 ($1.24).
Several equities analysts recently weighed in on the stock. Deutsche Bank AG restated a “sell” rating on shares of Lonmin Plc in a report on Tuesday, July 12th. Investec lifted their target price on shares of Lonmin Plc from GBX 29 ($0.36) to GBX 110 ($1.36) and gave the company a “sell” rating in a report on Tuesday, July 19th. Goldman Sachs Group Inc. lifted their target price on shares of Lonmin Plc from GBX 125 ($1.55) to GBX 130 ($1.61) and gave the company a “sell” rating in a report on Monday, August 8th. Royal Bank Of Canada lifted their target price on shares of Lonmin Plc from GBX 100 ($1.24) to GBX 180 ($2.23) and gave the company an “underperform” rating in a report on Wednesday, August 3rd. Finally, BNP Paribas restated a “neutral” rating and set a GBX 180 ($2.23) target price on shares of Lonmin Plc in a report on Thursday, October 6th.
Shares of Lonmin Plc (LON:LMI) opened at 187.50 on Thursday. Lonmin Plc has a 52 week low of GBX 35.75 and a 52 week high of GBX 441.84. The firm’s market cap is GBX 407.25 million. The stock’s 50 day moving average is GBX 200.93 and its 200 day moving average is GBX 192.72.
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.
Receive News & Ratings for Lonmin Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonmin Plc and related companies with MarketBeat.com's FREE daily email newsletter.