LaBarge Price Target Increased to $64.00 by Analysts at FBR Capital Markets (LB)
Stock analysts at FBR Capital Markets hoisted their price objective on shares of LaBarge (NYSE:LB) from $61.00 to $64.00 in a report issued on Tuesday, Analyst Ratings.Net reports. The firm currently has a “market perform” rating on the stock. FBR Capital Markets’ price target suggests a potential upside of 3.56% from the stock’s previous close.
Shares of LaBarge (NYSE:LB) traded up 1.21% on Tuesday, hitting $61.80. The stock had a trading volume of 1,022,111 shares. LaBarge has a 52-week low of $42.49 and a 52-week high of $67.12. The stock’s 50-day moving average is $62.48 and its 200-day moving average is $58.94. The company has a market cap of $17.939 billion and a P/E ratio of 21.87.
LB has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of LaBarge in a research note to investors on Friday, December 20th. They now have a $64.00 price target on the stock. Analysts at Brean Capital initiated coverage on shares of LaBarge in a research note to investors on Thursday, December 12th. They set a “buy” rating and a $70.00 price target on the stock.
LaBarge, Inc (NYSE:LB) provides electronic, electromechanical and interconnect systems on a contract basis for customers in diverse technology-driven markets.
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