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Ord Minnett Reaffirms Their Sell Rating on Lynas Rare Earths (LYSCF)

Tipranks - Fri Feb 27, 8:04PM CST

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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According to TipRanks, Hope is a 5-star analyst with an average return of 37.0% and a 71.52% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Brazilian Rare Earths Ltd., Lynas Rare Earths , and Iluka Resources Limited.

In addition to Ord Minnett, Lynas Rare Earths also received a Sell from Bell Potter’s Regan Burrows in a report issued today. However, yesterday, Macquarie maintained a Buy rating on Lynas Rare Earths (Other OTC: LYSCF).

The company has a one-year high of A$21.96 and a one-year low of A$6.68. Currently, Lynas Rare Earths has an average volume of 6.8M.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LYSCF in relation to earlier this year.

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