Laird PLC (LON:LRD) was upgraded by equities research analysts at Numis Securities Ltd to an “add” rating in a research note issued on Friday. The brokerage currently has a GBX 165 ($2.11) price objective on the stock. Numis Securities Ltd’s target price suggests a potential upside of 10.00% from the company’s current price.

Several other brokerages have also recently issued reports on LRD. Berenberg Bank reiterated a “buy” rating and issued a GBX 185 ($2.37) price objective on shares of Laird PLC in a research note on Tuesday. Barclays PLC reiterated an “equal weight” rating and issued a GBX 140 ($1.79) price objective on shares of Laird PLC in a research note on Wednesday, January 25th. Finally, JPMorgan Chase & Co. decreased their price objective on Laird PLC from GBX 200 ($2.56) to GBX 170 ($2.17) and set a “neutral” rating for the company in a research note on Monday, January 9th.

Shares of Laird PLC (LON:LRD) traded up 6.19% during midday trading on Friday, reaching GBX 150.00. 14,772,646 shares of the company traded hands. Laird PLC has a 1-year low of GBX 123.50 and a 1-year high of GBX 361.10. The stock has a 50 day moving average price of GBX 142.95 and a 200 day moving average price of GBX 160.40. The firm’s market capitalization is GBX 405.99 million.

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In other Laird PLC news, insider Kevin Dangerfield bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, March 10th. The stock was purchased at an average price of GBX 190 ($2.43) per share, for a total transaction of £47,500 ($60,726.16). Also, insider Anthony (Tony) James Quinlan sold 4,465 shares of the business’s stock in a transaction that occurred on Thursday, April 6th. The stock was sold at an average price of GBX 142 ($1.82), for a total value of £6,340.30 ($8,105.73). In the last 90 days, insiders have purchased 87,055 shares of company stock valued at $15,625,955.

Laird PLC Company Profile

Laird PLC is engaged in providing engineering solutions that protect electronics from electromagnetic interference and heat, and enable connectivity in mission-critical wireless applications. The Company operates through two segments: Performance Materials and Wireless Systems. The Performance Materials segment designs a range of electro-magnetic interference shielding materials, thermal management solutions, and signal integrity products to a range of electronic devices and prototypes.

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