Laird Stock Rating Reaffirmed by Investec (LRD)
Laird (LON:LRD)‘s stock had its “sell” rating reaffirmed by equities research analysts at Investec in a research note issued to investors on Thursday, Stock Ratings Network reports.
Laird (LON:LRD) opened at 304.8442 on Thursday. Laird has a one year low of GBX 169.90 and a one year 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 £809.7 million.
A number of other firms have also recently commented on LRD. 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. Separately, 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. Finally, analysts at Liberum Capital initiated coverage on shares of Laird in a research note to investors on Thursday, November 7th. They set a “buy” rating and a GBX 290 ($4.76) price target on the stock. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 255.39 ($4.19).
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.
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