Laird PLC (LRD) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Laird PLC (LON:LRD) have been assigned an average recommendation of “Buy” from the six research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 165 ($2.28).

Several brokerages have issued reports on LRD. JPMorgan Chase & Co. upped their target price on Laird from GBX 170 ($2.35) to GBX 180 ($2.49) and gave the company an “overweight” rating in a report on Monday, October 30th. Numis Securities upped their target price on Laird from GBX 165 ($2.28) to GBX 180 ($2.49) and gave the company an “add” rating in a report on Friday, October 27th. Barclays upped their target price on Laird from GBX 143 ($1.98) to GBX 145 ($2.00) and gave the company an “equal weight” rating in a report on Monday, December 18th. Shore Capital reiterated a “buy” rating on shares of Laird in a report on Thursday. Finally, Stifel Nicolaus upgraded Laird to a “buy” rating and lowered their price target for the stock from GBX 160 ($2.21) to GBX 135 ($1.87) in a report on Thursday, February 8th.

Shares of Laird (LON:LRD) opened at GBX 118.40 ($1.64) on Thursday. The stock has a market capitalization of $576.43 and a price-to-earnings ratio of -408.28. Laird has a twelve month low of GBX 113.99 ($1.57) and a twelve month high of GBX 165 ($2.28).

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Laird 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.

Analyst Recommendations for Laird (LON:LRD)

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