Lonmin (LMI) Rating Reiterated by Liberum Capital
Liberum Capital reissued their under review rating on shares of Lonmin (LON:LMI) in a report issued on Thursday. The brokerage currently has a GBX 75 ($1.01) price objective on the mining company’s stock.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reissued a hold rating and set a GBX 70 ($0.94) price target on shares of Lonmin in a research report on Friday, October 6th. Shore Capital Group reissued a not rated rating on shares of Lonmin in a research report on Friday, November 3rd. Shore Capital reissued a not rated rating on shares of Lonmin in a research report on Friday, November 3rd. Finally, Barclays increased their price target on shares of Lonmin from GBX 55 ($0.74) to GBX 80 ($1.08) and gave the company an underweight rating in a research report on Tuesday, October 24th. Three research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. Lonmin currently has an average rating of Hold and an average price target of GBX 88.11 ($1.19).
Shares of Lonmin (LON:LMI) opened at GBX 81.50 ($1.10) on Thursday. Lonmin has a 12-month low of GBX 55.75 ($0.75) and a 12-month high of GBX 186.75 ($2.51).
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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