Laird Stock Rating Reaffirmed by JPMorgan Chase & Co. (LRD)
Laird (LON:LRD)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a report released on Thursday, Stock Ratings Network reports. They currently have a GBX 322 ($5.28) price target on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 2.24% from the company’s current price.
A number of other firms have also recently commented on LRD. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Laird in a research note to investors on Thursday. They now have a GBX 340 ($5.58) price target on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of Laird in a research note to investors on Thursday. Finally, 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. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 266.12 ($4.36).
Shares of Laird (LON:LRD) traded up 11.37% on Thursday, hitting GBX 314.943. 1,795,586 shares of the company’s stock traded hands. Laird has a 1-year low of GBX 169.90 and a 1-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 £836.5 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.
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