Lonmin Plc (LMI) Receives GBX 83.50 Average Target Price from Analysts

Shares of Lonmin Plc (LON:LMI) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 83.50 ($1.17).

A number of analysts recently commented on LMI shares. Peel Hunt reaffirmed a “hold” rating and issued a GBX 70 ($0.98) target price on shares of Lonmin in a research report on Friday, November 3rd. Liberum Capital reaffirmed a “sell” rating and issued a GBX 15 ($0.21) target price on shares of Lonmin in a research report on Wednesday, October 18th. Shore Capital reaffirmed a “not rated” rating on shares of Lonmin in a research report on Friday, November 3rd. Barclays boosted their target price on Lonmin from GBX 55 ($0.77) to GBX 80 ($1.12) and gave the company an “underweight” rating in a research report on Tuesday, October 24th. Finally, Deutsche Bank raised Lonmin to a “hold” rating in a report on Monday, January 15th.

Shares of Lonmin (LMI) traded down GBX 4.20 ($0.06) during trading on Friday, reaching GBX 77.25 ($1.08). The company had a trading volume of 1,431,232 shares, compared to its average volume of 1,210,000. Lonmin has a twelve month low of GBX 55.75 ($0.78) and a twelve month high of GBX 142.50 ($2.00). The company has a market cap of $218.45 and a price-to-earnings ratio of -30.90.

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About Lonmin

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 (LON:LMI)

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