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Analysts at Investec lifted their price target on shares of Lamprell Plc (LON:LAM) from GBX 150 ($2.55) to GBX 155 ($2.63) in a research report issued to clients and investors on Monday. The firm currently has a “hold” rating on the stock. Investec’s target price would indicate a potential upside of 2.14% from the company’s current price.

Shares of Lamprell Plc (LON:LAM) traded down 2.47% during mid-day trading on Monday, hitting GBX 148.00. 466,452 shares of the company’s stock traded hands. Lamprell Plc has a 1-year low of GBX 110.775 and a 1-year high of GBX 156.00. The stock’s 50-day moving average is GBX 154.6 and its 200-day moving average is GBX 145.0. The company’s market cap is £385.3 million.

A number of other firms have also recently commented on LAM. Analysts at Liberum Capital raised their price target on shares of Lamprell Plc from GBX 155 ($2.63) to GBX 162 ($2.75) in a research note on Thursday, May 29th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Lamprell Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 164 ($2.78).

Lamprell plc is a holding company. The Company is engaged in the provision of diversified engineering and contracting products and services to the onshore and offshore oil and gas and renewables industries.

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