Peel Hunt reiterated their hold rating on shares of Lonmin (LON:LMI) in a report published on Wednesday, December 20th, StockTargetPrices.com reports. They currently have a GBX 85 ($1.15) price objective on the mining company’s stock.
A number of other equities analysts have also recently commented on LMI. Liberum Capital reissued a sell rating and set a GBX 15 ($0.20) target price on shares of Lonmin in a report on Wednesday, October 18th. Barclays increased their target price on Lonmin from GBX 55 ($0.75) to GBX 80 ($1.08) and gave the company an underweight rating in a report on Tuesday, October 24th. Shore Capital restated a not rated rating on shares of Lonmin in a research report on Friday, November 3rd. Finally, Shore Capital Group restated a not rated rating on shares of Lonmin in a research report on Friday, November 3rd. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. Lonmin presently has an average rating of Hold and an average target price of GBX 83.50 ($1.13).
Shares of Lonmin (LMI) traded down GBX 0.30 ($0.00) during mid-day trading on Wednesday, hitting GBX 87.85 ($1.19). The stock had a trading volume of 1,061,056 shares, compared to its average volume of 1,870,000. The firm has a market cap of $247.86 and a PE ratio of -64.60. Lonmin has a fifty-two week low of GBX 55.75 ($0.76) and a fifty-two 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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