Buckingham Research Initiates Coverage on LaBarge (LB)
Research analysts at Buckingham Research began coverage on shares of LaBarge (NYSE:LB) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on LB. Analysts at Mizuho cut their price target on shares of LaBarge from $65.00 to $58.00 in a research note to investors on Friday, January 10th. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of LaBarge from $54.00 to $53.00 in a research note to investors on Thursday, January 9th. They now have a “hold” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of LaBarge from $61.00 to $64.00 in a research note to investors on Tuesday, January 7th. They now have a “market perform” rating on the stock. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $61.80.
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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