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

Tipranks - Tipranks - Thu Mar 12, 8:50PM CDT

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 Lynas Rare Earths , Brazilian Rare Earths Ltd., and Lotus Resources Limited. According to TipRanks, Hope has an average return of 33.8% and a 64.20% success rate on recommended stocks.

In addition to Ord Minnett, Lynas Rare Earths also received a Sell from Citi’s Samuel Schubert in a report issued on March 1. However, yesterday, UBS assigned a Buy rating to Lynas Rare Earths (Other OTC: LYSCF).

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The company has a one-year high of A$21.96 and a one-year low of A$6.77. Currently, Lynas Rare Earths has an average volume of 6.95M.

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