Lonmin Plc Receives Average Rating of “Hold” from Brokerages (LON:LMI)
Shares of Lonmin Plc (LON:LMI) have received an average recommendation of “Hold” from the twenty-three analysts that are currently covering the company, Analyst Ratings Net reports. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 325.82 ($5.48).
Shares of Lonmin Plc (LON:LMI) opened at 262.10 on Wednesday. Lonmin Plc has a 1-year low of GBX 233.70 and a 1-year high of GBX 358.80. The stock’s 50-day moving average is GBX 276.4 and its 200-day moving average is GBX 297.. The company’s market cap is £1.493 billion.
LMI has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lonmin Plc in a research note on Wednesday. They now have a GBX 330 ($5.55) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Lonmin Plc in a research note on Thursday, May 22nd. They now have a GBX 277 ($4.66) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Lonmin Plc in a research note on Tuesday, May 13th. They now have a GBX 354 ($5.96) price target on the stock.
Lonmin Plc is a United Kingdom-based company. The principal activities of the Company were mining, refining and marketing of Platinum Group Metals (LON:LMI).
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