Shore Capital Reaffirms “not rated” Rating for Lonmin plc (LON:LMI)

Shore Capital reiterated their not rated rating on shares of Lonmin plc (LON:LMI) in a research report sent to investors on Friday, November 3rd.

Several other research firms also recently commented on LMI. Peel Hunt reissued a sell rating and issued a GBX 70 ($0.92) price target on shares of Lonmin plc in a report on Monday, August 7th. Liberum Capital reaffirmed a sell rating and issued a GBX 15 ($0.20) target price on shares of Lonmin plc in a research note on Monday, August 7th. Barclays PLC reduced their price target on shares of Lonmin plc from GBX 100 ($1.32) to GBX 55 ($0.72) and set an underweight rating on the stock in a research report on Friday, July 14th. Finally, J P Morgan Chase & Co reiterated 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. Six investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Lonmin plc has a consensus rating of Hold and an average target price of GBX 94.09 ($1.24).

Shares of Lonmin plc (LON LMI) opened at GBX 66.50 ($0.87) on Friday. Lonmin plc has a one year low of GBX 61.50 ($0.81) and a one year high of GBX 230.25 ($3.03).

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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.

Analyst Recommendations for Lonmin plc (LON:LMI)

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