Laird PT Lowered to GBX 335 (LRD)
Numis Securities Ltd reduced their price target on shares of Laird (LON:LRD) from GBX 345 ($5.68) to GBX 335 ($5.52) in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s price objective points to a potential upside of 8.45% from the company’s current price.
Laird (LON:LRD) opened at 313.50 on Wednesday. Laird has a 52-week low of GBX 169.90 and a 52-week high of GBX 325.60. The stock’s 50-day moving average is GBX 284.6 and its 200-day moving average is GBX 241.1. The company’s market cap is £832.7 million.
A number of other firms have also recently commented on LRD. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Laird in a research note to investors on Wednesday. They now have a GBX 322 ($5.31) price target on the stock. Separately, analysts at UBS AG downgraded shares of Laird to a “neutral” rating in a research note to investors on Monday, January 13th. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Laird in a research note to investors on Monday, January 13th. They now have a GBX 215 ($3.54) price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 270.01 ($4.45).
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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