Lonmin Plc Receives Average Recommendation of “Hold” from Brokerages (LON:LMI)
Lonmin Plc (LON:LMI) has been given an average recommendation of “Hold” by the twenty-two brokerages that are currently covering the stock, StockRatingsNetwork reports. Four analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 304.28 ($5.09).
A number of research firms have recently commented on LMI. 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 (LON:LMI) opened at 222.20 on Monday. 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 228. and a 200-day moving average of GBX 266.8. The company’s market cap is £1.265 billion.
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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