Lonmin Plc Given Average Recommendation of “Buy” by Analysts (NASDAQ:LNMIY)
Lonmin Plc (NASDAQ:LNMIY) has received an average recommendation of “Buy” from the eight ratings firms that are presently covering the company, AnalystRatingsNetwork.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.
Lonmin Plc (NASDAQ:LNMIY) opened at 3.69 on Friday. Lonmin Plc has a 1-year low of $3.59 and a 1-year high of $5.60. The stock’s 50-day moving average is $3.89 and its 200-day moving average is $4.45. The company’s market cap is $2.101 billion.
A number of research firms have recently commented on LNMIY. Analysts at Goldman Sachs upgraded shares of Lonmin Plc from a “neutral” rating to a “conviction-buy” rating in a research note on Thursday, August 21st. 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).