Shore Capital Reaffirms not rated Rating for Lonmin Plc (LMI)
Lonmin Plc (LON:LMI)‘s stock had its “not rated” rating reaffirmed by research analysts at Shore Capital in a report released on Friday.
LMI has been the subject of several other research reports. Barclays PLC reduced their price target on shares of Lonmin Plc from GBX 100 ($1.32) to GBX 55 ($0.73) and set an “underweight” rating for the company in a research report on Friday, July 14th. Peel Hunt restated a “hold” rating and set a GBX 70 ($0.92) price target on shares of Lonmin Plc in a research report on Friday, October 6th. Liberum Capital restated a “sell” rating and set a GBX 15 ($0.20) price target on shares of Lonmin Plc in a research report on Monday, August 7th. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 110 ($1.45) price target on shares of Lonmin Plc in a research report on Tuesday, July 18th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 95 ($1.25).
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Lonmin Plc Company Profile
Lonmin Plc is a producer of platinum group metals (PGMs). The Company is engaged in the discovery, extraction, refining and marketing of PGMs. The Company’s segments include PGM Operations, Evaluation, Exploration and Other. Its geographical segments include The Americas, Asia, Europe and South Africa.
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