Laird PLC Given Buy Rating at Numis Securities Ltd (LRD)
Laird PLC (LON:LRD)‘s stock had its “buy” rating restated by research analysts at Numis Securities Ltd in a report released on Monday. They currently have a GBX 380 ($6.31) target price on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 30.40% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Laird PLC in a research note on Friday, August 8th. They now have a GBX 360 ($5.97) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Laird PLC in a research note on Monday, August 4th. They now have a GBX 350 ($5.81) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Laird PLC in a research note on Thursday, July 31st. They now have a GBX 317 ($5.26) price target on the stock. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 313.14 ($5.20).
Laird PLC (LON:LRD) opened at 293.78 on Monday. Laird PLC has a one year low of GBX 215.00 and a one year high of GBX 335.00. The stock has a 50-day moving average of GBX 282.7 and a 200-day moving average of GBX 292.9. The company’s market cap is £783.5 million.
The company also recently declared a dividend, which is scheduled for Friday, December 5th. Shareholders of record on Thursday, November 6th will be given a dividend of GBX 4.27 ($0.07) per share. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, November 6th.
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.