Laird Stock Rating Reaffirmed by JPMorgan Chase & Co. (LRD)
Laird (LON:LRD)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 340 ($5.65) price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 3.34% from the stock’s previous close.
LRD has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “sell” rating on shares of Laird in a research note on Friday. Separately, analysts at Espirito Santo Investment Bank Research raised their price target on shares of Laird from GBX 325 ($5.40) to GBX 360 ($5.99) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Laird in a research note on Wednesday, January 29th. They now have a GBX 335 ($5.57) price target on the stock, down previously from GBX 345 ($5.74). Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 277.89 ($4.62).
Shares of Laird (LON:LRD) opened at 319.60 on Friday. Laird has a one year low of GBX 169.90 and a one year high of GBX 335.00. The stock has a 50-day moving average of GBX 315.5 and a 200-day moving average of GBX 259.8. The company’s market cap is £848.9 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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