Laird Given “Buy” Rating at Numis Securities Ltd (LRD)
Laird (LON:LRD)‘s stock had its “buy” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Thursday, Analyst Ratings News reports. They currently have a GBX 340 ($5.58) target price on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 20.23% from the stock’s previous close.
LRD has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “sell” rating on shares of Laird in a research note to investors on Thursday. Separately, analysts at Espirito Santo Investment Bank Research raised their price target on shares of Laird from GBX 265 ($4.35) to GBX 325 ($5.33) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Laird in a research note to investors on Thursday, December 12th. They now have a GBX 215 ($3.53) price target on the stock. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Laird has a consensus rating of “Hold” and an average price target of GBX 259.14 ($4.25).
Shares of Laird (LON:LRD) opened at 306.05 on Thursday. Laird has a 52-week low of GBX 169.90 and a 52-week high of GBX 281.30. The stock has a 50-day moving average of GBX 263.0 and a 200-day moving average of GBX 227.. The company’s market cap is £812.9 million.
Laird PLC is a holding company. The Company, through its subsidiaries, is engaged in the design, manufacture and supply of products and services to the electronics industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.