The Lonmin Plc (LMI) Rating Reiterated by Deutsche Bank AG

The Lonmin Plc (LMI) Rating Reiterated by Deutsche Bank AG

Deutsche Bank AG reaffirmed their sell rating on shares of Lonmin Plc (LON:LMI) in a report issued on Tuesday morning. Deutsche Bank AG currently has a GBX 90 ($1.17) price objective on the mining company’s stock, down from their previous price objective of GBX 110 ($1.44).

Several other research firms have also weighed in on LMI. Investec boosted their target price on Lonmin Plc from GBX 29 ($0.38) to GBX 110 ($1.44) and gave the stock a sell rating in a report on Tuesday, July 19th. Goldman Sachs Group Inc. boosted their price objective on Lonmin Plc from GBX 125 ($1.63) to GBX 130 ($1.70) and gave the company a sell rating in a research report on Monday, August 8th. Royal Bank Of Canada boosted their price objective on Lonmin Plc from GBX 100 ($1.31) to GBX 180 ($2.35) and gave the company an underperform rating in a research report on Wednesday, August 3rd. Finally, Barclays PLC restated an underweight rating on shares of Lonmin Plc in a research report on Wednesday, September 21st. Ten equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Lonmin Plc presently has an average rating of Sell and an average price target of GBX 90.92 ($1.19).

Shares of Lonmin Plc (LON:LMI) opened at 200.00 on Tuesday. The stock’s 50 day moving average is GBX 204.53 and its 200-day moving average is GBX 191.16. The firm’s market cap is GBX 434.40 million. Lonmin Plc has a 52-week low of GBX 35.75 and a 52-week high of GBX 565.80.

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