Laird (LRD) Stock Rating Reaffirmed by Shore Capital
Laird (LON:LRD)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a report issued on Thursday.
LRD has been the subject of several other research reports. Barclays lifted their target price on shares of 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. Numis Securities lifted their target price on shares of 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. Stifel Nicolaus upgraded shares of Laird to a “buy” rating and dropped their target price for the company from GBX 160 ($2.21) to GBX 135 ($1.87) in a report on Thursday, February 8th. Finally, JPMorgan Chase & Co. lifted their target price on shares of 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 165 ($2.28).
Shares of Laird (LON LRD) opened at GBX 117.90 ($1.63) on Thursday. Laird has a 1-year low of GBX 113.99 ($1.57) and a 1-year high of GBX 165 ($2.28). The firm has a market cap of $576.43 and a P/E ratio of -406.55.
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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