Laird PLC Stock Rating Reaffirmed by Numis Securities Ltd (LRD)
Laird PLC (LON:LRD)‘s stock had its “buy” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday. They currently have a GBX 380 ($6.47) price target on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 33.90% from the company’s current price.
A number of other analysts have also recently weighed in on LRD. Analysts at Liberum Capital reiterated a “buy” rating on shares of Laird PLC in a research note on Friday, June 20th. Separately, analysts at Credit Suisse raised their price target on shares of Laird PLC from GBX 215 ($3.66) to GBX 270 ($4.60) in a research note on Monday, June 16th. They now have an “underperform” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Laird PLC in a research note on Monday, May 12th. They now have a GBX 275 ($4.68) price target on the stock. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 315.83 ($5.38).
Laird PLC (LON:LRD) opened at 288.348 on Tuesday. Laird PLC has a 52-week low of GBX 170.529 and a 52-week high of GBX 335.00. The stock has a 50-day moving average of GBX 290.4 and a 200-day moving average of GBX 296.. The company’s market cap is £768.2 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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