Lamprell Plc (LAM) Set to Announce Quarterly Earnings on Thursday
Lamprell Plc (LON:LAM) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, September 22nd.
Shares of Lamprell Plc (LON:LAM) opened at 57.50 on Wednesday. Lamprell Plc has a 52-week low of GBX 55.50 and a 52-week high of GBX 142.00. The company has a 50-day moving average price of GBX 65.54 and a 200 day moving average price of GBX 77.24. The firm’s market capitalization is GBX 196.48 million.
Several equities analysts recently issued reports on LAM shares. JPMorgan Chase & Co. lowered their price target on Lamprell Plc from GBX 122 ($1.59) to GBX 90 ($1.17) and set an “overweight” rating on the stock in a research note on Thursday, June 16th. Canaccord Genuity restated a “hold” rating and set a GBX 95 ($1.24) price target on shares of Lamprell Plc in a research note on Friday, July 8th. Finally, Liberum Capital restated a “buy” rating and set a GBX 135 ($1.76) price target on shares of Lamprell Plc in a research note on Wednesday, August 3rd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Lamprell Plc has a consensus rating of “Hold” and a consensus price target of GBX 103.43 ($1.35).
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/lamprell-plc-lam-set-to-announce-quarterly-earnings-on-thursday.html
Lamprell Plc Company Profile
Lamprell plc is a United Kingdom-based provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. The principal activities of the Company and its subsidiaries are the upgrade and refurbishment of offshore jackup rigs; fabrication; assembly and new build construction for the offshore oil and gas and renewable sector, including jackup rigs and liftboats; Floating Production, Storage and Offloading (FPSO) and other offshore and onshore structures, and oilfield engineering services, including the upgrade and refurbishment of land rigs.
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 MarketBeat.com's FREE daily email newsletter.