Liberum Capital reiterated their sell rating on shares of Lonmin Plc (LON:LMI) in a report published on Wednesday. The firm currently has a GBX 15 ($0.20) price objective on the mining company’s stock.
LMI has been the topic of several other reports. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 110 ($1.46) price target on shares of Lonmin Plc in a research report on Tuesday, July 18th. Peel Hunt reiterated a hold rating and set a GBX 70 ($0.93) price target on shares of Lonmin Plc in a research report on Friday, October 6th. Barclays PLC decreased their price target on Lonmin Plc from GBX 100 ($1.33) to GBX 55 ($0.73) and set an underweight rating on the stock in a research report on Friday, July 14th. Finally, Goldman Sachs Group Inc upgraded Lonmin Plc to a neutral rating and set a GBX 60 ($0.80) price target on the stock in a research report on Friday, June 30th. Five research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 92.73 ($1.23).
Lonmin Plc (LON:LMI) opened at 87.75 on Wednesday. Lonmin Plc has a 1-year low of GBX 61.50 and a 1-year high of GBX 230.25. The company has a 50 day moving average of GBX 78.53 and a 200 day moving average of GBX 84.96. The firm’s market capitalization is GBX 247.81 million.
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About Lonmin Plc
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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