Laird (LRD) Price Target Increased to GBX 145 by Analysts at Barclays
Laird (LON:LRD) had its target price boosted by analysts at Barclays from GBX 143 ($1.92) to GBX 145 ($1.95) in a report released on Monday. The firm presently has an “equal weight” rating on the stock. Barclays’ price objective would suggest a potential upside of 8.01% from the stock’s current price.
Several other equities research analysts also recently weighed in on the stock. J P Morgan Chase & Co raised their price target on shares of Laird from GBX 170 ($2.29) to GBX 180 ($2.42) and gave the company an “overweight” rating in a research report on Monday, October 30th. Numis Securities raised their price target on shares of Laird from GBX 165 ($2.22) to GBX 180 ($2.42) and gave the company an “add” rating in a research report on Friday, October 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 171 ($2.30).
Shares of Laird (LRD) traded down GBX 0.75 ($0.01) on Monday, hitting GBX 134.25 ($1.81). 702,245 shares of the company traded hands, compared to its average volume of 755,242. Laird has a 12 month low of GBX 110.72 ($1.49) and a 12 month high of GBX 165 ($2.22).
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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