Exane BNP Paribas announced Lonmin PLC (LON:LMI), keeping its stock price target at 180.00GBX today
- Updated: October 5, 2016
In a report released on 10/06/2016 Exane BNP Paribas hold steady the stock price target of Lonmin PLC (LON:LMI) from 180.00GBX to 180.00GBX reporting a possible downside of -0.10%.
Previously on 10/5/2016, Deutsche Bank reported on Lonmin PLC (LON:LMI) reduced the target price from 110.00GBX to 90.00GBX. At the time, this indicated a possible downside of -0.55%.
Just yesterday Lonmin PLC (LON:LMI) traded 0.00% even at 199.75GBX. Lonmin PLC’s 50-day moving average is 206.33GBX and its 200-day moving average is 190.93GBX. The last closing price is up 4.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 214,043 shares of LMI traded hands, down from an average trading volume of 1,294,310
Recent Performance Chart
Lonmin PLC has 52 week low of 35.75GBX and a 52 week high of 565.80GBX and has a market capitalization of 0 GBX.
Also covering Lonmin PLC's price target, a total of 15 brokerages have issued a ratings update on Lonmin PLC. The 12-month price target is 1.72GBX with zero brokerages rating the company a strong buy, one brokerage rating the company a buy, one brokerage rating the company a hold, eleven brokerages rating the company a underperform, and lastly four brokerages rating the company a sell.
General Company Details For Lonmin PLC (LON:LMI)
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.
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