Lonmin Plc Receives Average Recommendation of “Buy” from Analysts (NASDAQ:LNMIY)
Shares of Lonmin Plc (NASDAQ:LNMIY) have been given an average recommendation of “Buy” by the eight analysts that are covering the company, ARN reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.
Shares of Lonmin Plc (NASDAQ:LNMIY) traded up 1.95% on Friday, hitting $3.66. The stock had a trading volume of 10,053 shares. Lonmin Plc has a 52-week low of $3.59 and a 52-week high of $5.60. The stock has a 50-day moving average of $3.91 and a 200-day moving average of $4.47. The company’s market cap is $2.084 billion.
LNMIY has been the subject of a number of recent research reports. Analysts at Goldman Sachs upgraded shares of Lonmin Plc from a “neutral” rating to a “conviction-buy” rating in a research note on Thursday. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lonmin Plc in a research note on Thursday, May 29th.
Lonmin Plc is a United Kingdom-based company. The principal activities of the Company were mining, refining and marketing of Platinum Group Metals (NASDAQ:LNMIY).
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