Deutsche Bank rates LYC as Sell (5) -
Lynas has indicated that supply-side discipline in China has supported prices but Deutsche Bank is cautious about the ramp-up potential in a volume-sensitive market. The broker believes the cash balance will continue to fall and debt refinancing will be required.
The 30c price target and Sell recommendation are retained.
Target price is $0.30 Current Price is $0.43 Difference: minus $0.125 (current price is over target).
If LYC meets the Deutsche Bank target it will return approximately minus 29% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in June. Deutsche Bank forecasts a full year FY13 dividend of 0.00 cents and EPS of minus 0.40 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 106.25.
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B |
Open | High | Low | Value | Volume |
$7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | $7.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.61 | 6808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 426 | 7.550 |
2 | 5750 | 7.510 |
2 | 500 | 7.500 |
1 | 1000 | 7.480 |
1 | 133 | 7.470 |
Price($) | Vol. | No. |
---|---|---|
7.620 | 500 | 1 |
7.630 | 750 | 1 |
7.640 | 20172 | 2 |
7.650 | 1500 | 1 |
7.700 | 1759 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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