Laird PLC (LON:LRD) Rating Reaffirmed
Laird PLC (LON:LRD) just had their share rating of a ‘Hold’ issued by research analysts at Liberum Capital, who now has a GBX 325.00 PT on the 988.70 million GBP market cap company or a -9.97% downside potential. This key information was disclosed in analysts report on Thursday morning.
From a total of 7 analysts covering Laird PLC (LON:LRD) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 440 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 377.14 with a 7.41% above today’s (GBX 363.1) stock price. Laird PLC was the topic of 22 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 10 with “Hold” rating. Investec maintained shares with “Hold” rating and GBX 405 target share price in a report from an October 8. Barclays Capital maintained LRD stock in a recent report from November 25 with “Equal Weight” rating. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 3.
Approximately 16,015 shares of stock traded hands. Laird PLC (LON:LRD) has declined 4.64% since May 13, 2015 and is downtrending. It has underperformed by 2.71% the S&P500.
Laird plc is a United Kingdom-based global technology company. The company has a market cap of 988.70 million GBP. The Firm is engaged in the design, development and supply of technologies by providing components and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antennae systems. It has 17.67 P/E ratio. The Firm has two divisions: Performance Materials and Wireless Systems.