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Macquarie upgrades Lynas Rare Earths (LYSCF) to a Buy

Tipranks - Tue Jun 23, 7:46PM CDT

Lynas Rare Earths received a Buy rating and a A$22.00 price target from Macquarie analyst today.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lynas Rare Earths with a A$21.42 average price target.

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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