LMI has been the subject of a number of other reports. Barclays PLC decreased their price target on Lonmin Plc from GBX 100 ($1.32) to GBX 55 ($0.73) and set an underweight rating for the company in a research note on Friday, July 14th. Peel Hunt restated a hold rating and issued a GBX 70 ($0.92) price target on shares of Lonmin Plc in a research note on Friday, October 6th. Liberum Capital restated a sell rating and issued a GBX 15 ($0.20) price target on shares of Lonmin Plc in a research note on Monday, August 7th. Finally, J P Morgan Chase & Co restated a neutral rating and issued a GBX 110 ($1.45) price target on shares of Lonmin Plc in a research note on Tuesday, July 18th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Lonmin Plc has a consensus rating of Hold and a consensus price target of GBX 95 ($1.25).
Lonmin Plc (LON:LMI) opened at GBX 70.75 ($0.93) on Friday.
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About Lonmin Plc
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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