Lamprell Plc Receives Consensus Recommendation of “Hold” from Analysts (LON:LAM)
Shares of Lamprell Plc (LON:LAM) have earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the stock, Stock Ratings Network reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 177.13 ($2.94).
Lamprell Plc (LON:LAM) opened at 176.00 on Friday. Lamprell Plc has a one year low of GBX 110.775 and a one year high of GBX 173.438. The stock’s 50-day moving average is GBX 152.3 and its 200-day moving average is GBX 148.9. The company’s market cap is £601.4 million.
A number of research firms have recently commented on LAM. Analysts at Arden Partners Ltd reiterated a “neutral” rating on shares of Lamprell Plc in a research note on Monday. They now have a GBX 160 ($2.66) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Lamprell Plc in a research note on Friday, August 29th. They now have a GBX 160 ($2.66) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Lamprell Plc in a research note on Friday, August 29th. They now have a GBX 215 ($3.57) price target on the stock.
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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