Deutsche Bank upgraded shares of Lonmin (LON:LMI) to a hold rating in a report published on Monday, January 15th.
A number of other research analysts have also recently weighed in on LMI. Shore Capital Group reiterated a not rated rating on shares of Lonmin in a research note on Friday, November 3rd. Barclays boosted their price target on shares of Lonmin from GBX 80 ($1.08) to GBX 85 ($1.15) and gave the company an underweight rating in a research report on Monday, January 8th. Peel Hunt boosted their price target on shares of Lonmin from GBX 85 ($1.15) to GBX 95 ($1.29) and gave the company a hold rating in a research report on Wednesday, January 10th. Liberum Capital reissued an under review rating and issued a GBX 75 ($1.02) price target on shares of Lonmin in a research report on Thursday, December 14th. Finally, Shore Capital reaffirmed a not rated rating on shares of Lonmin in a report on Friday, November 3rd. Three analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 83.50 ($1.13).
Lonmin (LMI) opened at GBX 85.60 ($1.16) on Monday. The firm has a market cap of $241.09 and a PE ratio of -64.36. Lonmin has a 52 week low of GBX 55.75 ($0.76) and a 52 week high of GBX 186.75 ($2.53).
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Lonmin 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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