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Morgan Stanley downgrades Lynas Rare Earths (LYSCF) to a Hold

Tipranks - Wed Apr 15, 7:51PM CDT

Morgan Stanley analyst Rahul Anand downgraded Lynas Rare Earths to a Hold today and set a price target of A$20.45.

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According to TipRanks, Anand is a 5-star analyst with an average return of 15.2% and a 58.75% success rate. Anand covers the Basic Materials sector, focusing on stocks such as South32, Rio Tinto Limited, and Pilbara Minerals .

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lynas Rare Earths with a A$19.86 average price target.

The company has a one-year high of A$22.29 and a one-year low of A$7.22. Currently, Lynas Rare Earths has an average volume of 6.18M.

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