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Lynas Rare Earths (LYSCF) Gets a Sell from Ord Minnett

Tipranks - Tipranks - Wed Apr 22, 8:42PM CDT

Ord Minnett analyst Matthew Hope maintained a Sell rating on Lynas Rare Earths today and set a price target of A$14.00.

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Hope covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , Brazilian Rare Earths Ltd., and Meteoric Resources NL. According to TipRanks, Hope has an average return of 30.2% and a 62.05% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lynas Rare Earths with a A$20.04 average price target.

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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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