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Lynas Rare Earths (LYSCF) was downgraded to a Hold Rating at Macquarie

Tipranks - Wed Apr 15, 6:46PM CDT

Macquarie analyst downgraded Lynas Rare Earths to a Hold today and set a price target of A$20.50.

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Lynas Rare Earths has an analyst consensus of Moderate Buy, with a price target consensus of A$19.86.

Based on Lynas Rare Earths ‘s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$413.69 million and a net profit of A$80.21 million. In comparison, last year the company earned a revenue of A$254.31 million and had a net profit of A$5.85 million

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