LaBarge Plans Special Dividend of $1.00 (LB)
LaBarge (NYSE:LB) announced a special dividend on Monday, February 3rd, Stock Ratings Network reports. Stockholders of record on Friday, February 21st will be paid a dividend of 1.00 per share on Friday, March 7th.
Several analysts have recently commented on the stock. Analysts at Buckingham Research initiated coverage on shares of LaBarge in a research note to investors on Wednesday, January 29th. They set a “neutral” rating and a $57.00 price target on the stock. On a related note, 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. Finally, 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. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $61.00.
Shares of LaBarge (NYSE:LB) opened at 52.36 on Monday. LaBarge has a 52 week low of $42.49 and a 52 week high of $67.12. The stock has a 50-day moving average of $58.01 and a 200-day moving average of $59.40. The company has a market cap of $15.199 billion and a P/E ratio of 18.75.
LaBarge, Inc (NYSE:LB) provides electronic, electromechanical and interconnect systems on a contract basis for customers in diverse technology-driven markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.