The Brokerages give average Rating of “Sell” to Lonmin Plc (LMI)

The Brokerages give average Rating of “Sell” to Lonmin Plc (LMI)

Shares of Lonmin Plc (LON:LMI) have earned a consensus rating of “Sell” from the sixteen ratings firms that are currently covering the company. Ten investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 100.08 ($1.22).

Several research firms have recently weighed in on LMI. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 106 ($1.29) target price on shares of Lonmin Plc in a research note on Monday, July 18th. Goldman Sachs Group Inc. lifted their target price on shares of Lonmin Plc from GBX 125 ($1.52) to GBX 130 ($1.58) and gave the stock a “sell” rating in a research note on Monday, August 8th. BNP Paribas reiterated a “neutral” rating and issued a GBX 180 ($2.19) target price on shares of Lonmin Plc in a research note on Thursday, October 6th. Royal Bank Of Canada lifted their target price on shares of Lonmin Plc from GBX 100 ($1.22) to GBX 180 ($2.19) and gave the stock an “underperform” rating in a research note on Wednesday, August 3rd. Finally, Investec lifted their target price on shares of Lonmin Plc from GBX 29 ($0.35) to GBX 110 ($1.34) and gave the stock a “sell” rating in a research note on Tuesday, July 19th.

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