LYC 1.15% $7.71 lynas rare earths limited

jpm upgraded its target from $2.71 to $2.79. , page-10

  1. 950 Posts.
    We have almost always followed jpm targets and briefly hit 2.70 before the Malaysian problem got traction. I have no doubt we will be back following the pattern now that they have reaffirmed the target price with the report out. Good news IMO

    Once instos start doing the sums on lyc then it is easy to see how that target is realistic and still extremely conservative with other risks factored in.
 
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