Lonmin Plc Given Consensus Recommendation of “Hold” by Analysts (LON:LMI)
Shares of Lonmin Plc (LON:LMI) have earned a consensus recommendation of “Hold” from the twenty-two brokerages that are covering the stock, StockRatingsNetwork.com reports. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 304.28 ($5.09).
Lonmin Plc (LON:LMI) traded up 0.82% on Monday, hitting GBX 221.70. The stock had a trading volume of 408,597 shares. Lonmin Plc has a 52 week low of GBX 216.40 and a 52 week high of GBX 358.80. The stock has a 50-day moving average of GBX 230.8 and a 200-day moving average of GBX 269.8. The company’s market cap is £1.263 billion.
A number of analysts have recently weighed in on LMI shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lonmin Plc in a research note on Wednesday, August 6th. They now have a GBX 350 ($5.85) price target on the stock. Separately, analysts at NOAH Capital Markets reiterated a “sell” rating on shares of Lonmin Plc in a research note on Thursday, July 31st. They now have a GBX 200 ($3.34) price target on the stock. Finally, analysts at Investec upgraded shares of Lonmin Plc to a “hold” rating in a research note on Monday, July 28th.
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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