Lamprell Plc Rating Reiterated by Arden Partners Ltd (LAM)
Lamprell Plc (LON:LAM)‘s stock had its “neutral” rating reaffirmed by stock analysts at Arden Partners Ltd in a report issued on Monday. They currently have a GBX 160 ($2.66) price objective on the stock. Arden Partners Ltd’s price target indicates a potential upside of 0.63% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “hold” rating on shares of Lamprell Plc in a research note on Friday. They now have a GBX 160 ($2.66) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Lamprell Plc in a research note on Friday. They now have a GBX 215 ($3.57) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lamprell Plc in a research note on Thursday. They now have a GBX 180 ($2.99) price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Lamprell Plc currently has a consensus rating of “Hold” and an average price target of GBX 177.13 ($2.94).
Shares of Lamprell Plc (LON:LAM) opened at 160.00 on Monday. Lamprell Plc has a 52 week low of GBX 110.775 and a 52 week high of GBX 166.00. The stock has a 50-day moving average of GBX 150.6 and a 200-day moving average of GBX 148.2. The company’s market cap is £546.7 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.
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