Laird Given Buy Rating at Liberum Capital (LRD)
Laird (LON:LRD)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a note issued to investors on Friday, ARN reports. They currently have a GBX 290 ($4.76) target price on the stock. Liberum Capital’s target price suggests a potential downside of 8.23% from the company’s current price.
Shares of Laird (LON:LRD) opened at 316.00 on Friday. Laird has a 52 week low of GBX 169.90 and a 52 week high of GBX 281.30. The stock’s 50-day moving average is GBX 263.0 and its 200-day moving average is GBX 227.. The company’s market cap is £839.3 million.
A number of other firms have also recently commented on LRD. Analysts at JPMorgan Chase & Co. raised their price target on shares of Laird from GBX 272 ($4.46) to GBX 322 ($5.28) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, 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. Finally, analysts at Investec reiterated a “sell” rating on shares of Laird in a research note to investors on Thursday. Three equities research 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. The stock has a consensus rating of “Hold” and an average target price of GBX 266.12 ($4.36).
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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