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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.