Published On: Wed, Oct 19th, 2016

Lonmin Plc (LNMIY) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Lonmin Plc (LNMIY).

Most recent broker ratings

10/04/2016 – Lonmin Plc had its “sell” rating reiterated by analysts at Deutsche Bank.

05/17/2016 – Lonmin Plc had its “sell” rating reiterated by analysts at Citigroup.

04/07/2016 – Lonmin Plc was downgraded to “reduce” by analysts at HSBC.

03/28/2016 – Lonmin Plc was downgraded to “sell” by analysts at Goldman Sachs.

03/11/2016 – Lonmin Plc had its “neutral” rating reiterated by analysts at BNP Paribas.

11/30/2015 – Lonmin Plc had its “neutral” rating reiterated by analysts at Macquarie. They now have a USD 3 price target on the stock.

10/26/2015 – Lonmin Plc was downgraded to “sell” by analysts at Liberum Capital.

02/06/2015 – Lonmin Plc was downgraded to “neutral” by analysts at JP Morgan.

02/04/2015 – Lonmin Plc had its “buy” rating reiterated by analysts at Panmure Gordon. They now have a USD 255 price target on the stock.

01/28/2015 – Lonmin Plc had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 250 price target on the stock.

01/22/2015 – Lonmin Plc had its “sell” rating reiterated by analysts at Investec. They now have a USD 92 price target on the stock.

05/06/2014 – Lonmin Plc had its “neutral” rating reiterated by analysts at Westhouse Securities. They now have a USD 280 price target on the stock.

The share price of Lonmin Plc (LNMIY) was up +0.86% during the last day of trading, with a day high of 2.35. 321 shares were traded during the last session.

The stock’s 50 day moving average is 2.66 and its 200 day moving average is 2.72. The stock’s market capitalization is 510.42M. Lonmin Plc has a 52-week low of 0.55 and a 52-week high of 90.00.

Lonmin PLC is a producer of platinum group metals (PGMs). The Company explores, mines, refines and markets PGMs, including platinum, palladium, rhodium, iridium, ruthenium and gold. The Company’s segments include PGM Operations, Evaluation and Exploration. The PGM Operations segment consists of the operational mines and processing facilities, which are located in South Africa. The Evaluation segment relates to the Akanani asset, which is located in South Africa and is in the evaluation-stage. The Exploration segment relates to the costs of exploration projects, which have the objective of identifying PGM deposits, which can be commercially realized and can occur anywhere in the world. The Company’s saleable by-products produced from its PGM mining include gold, copper, nickel, chrome and cobalt. These metals are essential for industrial applications, especially catalytic converters for internal combustion engine emissions and are also used in jewelry.