Laird PLC Rating Reiterated by JPMorgan Chase & Co. (LRD)
Laird PLC (LON:LRD)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, AnalystRatings.NET reports. They currently have a GBX 340 ($5.74) target price on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 18.88% from the stock’s previous close.
A number of other analysts have also recently weighed in on LRD. Analysts at Investec raised their price target on shares of Laird PLC from GBX 255 ($4.30) to GBX 270 ($4.55) in a research note on Friday, May 2nd. They now have a “sell” rating on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Laird PLC to a “buy” rating in a research note on Thursday, May 1st. They now have a GBX 380 ($6.41) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Laird PLC in a research note on Wednesday, April 16th. They now have a GBX 380 ($6.41) price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 301.11 ($5.08).
Laird PLC (LON:LRD) traded up 0.07% during mid-day trading on Tuesday, hitting GBX 286.00. The stock had a trading volume of 340,636 shares. Laird PLC has a 1-year low of GBX 169.90 and a 1-year high of GBX 335.00. The stock’s 50-day moving average is GBX 293.2 and its 200-day moving average is GBX 285.5. The company’s market cap is £761.9 million.
Laird PLC is a United Kingdom-based holding company. The Company, through its subsidiaries, is engaged in the design, manufacture and supply products and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antennae systems.
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