Laird PLC Receives “Equal Weight” Rating from Barclays (LRD)
Laird PLC (LON:LRD)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a report issued on Monday, Stock Ratings Network reports. They currently have a GBX 275 ($4.63) price target on the stock. Barclays’ target price would suggest a potential downside of 3.85% from the company’s current price.
A number of other firms have also recently commented on LRD. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Laird PLC in a research note on Wednesday, May 7th. They now have a GBX 360 ($6.06) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Laird PLC in a research note on Tuesday, May 6th. They now have a GBX 340 ($5.73) price target on the stock. Finally, 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. Two investment 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. Laird PLC currently has an average rating of “Hold” and a consensus price target of GBX 305 ($5.14).
Laird PLC (LON:LRD) opened at 284.77 on Monday. Laird PLC has a 52-week low of GBX 169.90 and a 52-week 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 £758.7 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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