Westhouse Securities reissued their sell rating on shares of Lonmin (LON: LMI) in a research report released on Wednesday morning, Analyst Ratings.Net reports. Westhouse Securities currently has a GBX 250 ($3.80) price objective on the stock.
Several other analysts have also recently commented on the stock. Analysts at UBS AG upgraded shares of Lonmin to a neutral rating in a research note to investors on Wednesday, June 26th. They now have a GBX 280 ($4.26) price target on the stock, up previously from GBX 230 ($3.50). Separately, analysts at Deutsche Bank reiterated a hold rating on shares of Lonmin in a research note to investors on Tuesday, June 25th. They now have a GBX 325 ($4.94) price target on the stock. Finally, analysts at Liberum Capital reiterated a sell rating on shares of Lonmin in a research note to investors on Friday, June 21st.
Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. Lonmin currently has an average rating of Hold and a consensus target price of GBX 311.10 ($4.73).
Lonmin (LON: LMI) opened at 278.00 on Wednesday. Lonmin has a 1-year low of GBX 246.00 and a 1-year high of GBX 492.522. The stock’s 50-day moving average is currently GBX 581.0. The company’s market cap is £1.376 billion.
Lonmin Plc is a United Kingdom-based company. The principal activities of the Company during the fiscal year ended September 30, 2011 (LON: LMI), were mining, refining and marketing of Platinum Group Metals (PGM).