Laird PLC (LRD) Given Sell Rating at Berenberg Bank
Berenberg Bank reiterated their sell rating on shares of Laird PLC (LON:LRD) in a research report report published on Thursday morning. Berenberg Bank currently has a GBX 230 ($3.00) price target on the stock.
Several other equities research analysts also recently issued reports on the stock. Barclays PLC reiterated an equal weight rating and issued a GBX 350 ($4.57) target price on shares of Laird PLC in a research note on Monday, July 18th. Numis Securities Ltd reiterated a buy rating and issued a GBX 400 ($5.22) target price on shares of Laird PLC in a research note on Friday, July 29th. Finally, JPMorgan Chase & Co. cut their target price on shares of Laird PLC from GBX 410 ($5.35) to GBX 380 ($4.96) and set an overweight rating for the company in a research note on Friday, July 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 358.86 ($4.68).
Laird PLC (LON:LRD) opened at 316.10 on Thursday. Laird PLC has a 12-month low of GBX 272.00 and a 12-month high of GBX 385.90. The company’s market capitalization is GBX 853.79 million. The firm’s 50-day moving average price is GBX 311.63 and its 200 day moving average price is GBX 332.84.
The company also recently disclosed a dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, November 3rd will be paid a GBX 4.53 ($0.06) dividend. The ex-dividend date is Thursday, November 3rd. This represents a yield of 1.53%.
In other news, insider Rachou,Nathalie acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 1st. The shares were acquired at an average cost of GBX 293 ($3.82) per share, with a total value of £14,650 ($19,122.83). Also, insider Wiklund,Kjersti acquired 3,400 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The stock was purchased at an average cost of GBX 296 ($3.86) per share, for a total transaction of £10,064 ($13,136.67).
About Laird PLC
Laird PLC is a United Kingdom-based global technology company focused on providing systems, components and solutions that protects electronics from electromagnetic interference and heat, and that enable connectivity in various wireless applications and antenna systems. The Company operated through two segments: Wireless Systems and Performance Materials.
Receive News & Stock Ratings for Laird PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laird PLC and related stocks with our FREE daily email newsletter.