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Ord Minnett Remains a Sell on Lynas Rare Earths (LYSCF)
In a report released today, Matthew Hope from Ord Minnett maintained a Sell rating on Lynas Rare Earths , with a price target of A$14.00.
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Hope covers the Basic Materials sector, focusing on stocks such as Meteoric Resources NL, Viridis Mining and Minerals Limited, and Brazilian Rare Earths Ltd.. According to TipRanks, Hope has an average return of 34.5% and a 60.53% success rate on recommended stocks.
Currently, the analyst consensus on Lynas Rare Earths is a Moderate Buy with an average price target of A$20.60.
LYSCF market cap is currently A$18.34B and has a P/E ratio of 207.90.
Read More on LYSCF:
Disclaimer & DisclosureReport an Issue
- Lynas Discloses Director Amanda Lacaze’s Exit and Ongoing Equity Stakes
- Lynas Rare Earths Updates Market on Managing Director’s Expanded Performance Rights Holding
- Lynas Issues New Performance Rights Under Employee Incentive Scheme
- Lynas Names COO Pol Le Roux as Interim CEO Amid Leadership Transition
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