Lamprell Plc’s “Hold” Rating Reaffirmed at Liberum Capital (LAM)
Lamprell Plc (LON:LAM)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 162 ($2.68) target price on the stock. Liberum Capital’s price target suggests a potential upside of 3.68% from the stock’s previous close.
LAM has been the subject of a number of other recent research reports. Analysts at HSBC reiterated a “neutral” rating on shares of Lamprell Plc in a research note on Tuesday, July 8th. They now have a GBX 160 ($2.65) price target on the stock. Separately, analysts at Arden Partners Ltd reiterated a “neutral” rating on shares of Lamprell Plc in a research note on Thursday, July 3rd. They now have a GBX 165 ($2.73) price target on the stock. Finally, analysts at Investec raised their price target on shares of Lamprell Plc from GBX 155 ($2.56) to GBX 160 ($2.65) in a research note on Tuesday, July 1st. They now have a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 173.14 ($2.87).
Shares of Lamprell Plc (LON:LAM) opened at 156.015 on Thursday. Lamprell Plc has a 1-year low of GBX 110.775 and a 1-year high of GBX 166.00. The stock’s 50-day moving average is GBX 150.6 and its 200-day moving average is GBX 148.1. The company’s market cap is £406.2 million.
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.
Receive News & Ratings for Lamprell Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lamprell Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.