Ord Minnett Sticks to Its Sell Rating for 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$11.00.

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Hope covers the Basic Materials sector, focusing on stocks such as Metals X Limited, Brazilian Rare Earths Ltd., and Lynas Rare Earths . According to TipRanks, Hope has an average return of 31.6% and a 68.12% success rate on recommended stocks.

Currently, the analyst consensus on Lynas Rare Earths is a Hold with an average price target of $9.82.

LYSCF market cap is currently A$15.14B and has a P/E ratio of 1,748.84.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LYSCF in relation to earlier this year.