27.24% to Target, Numis Reaffirms ‘”Buy”’ Rating on Laird (LON:LRD) Shares Today

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Laird (LON:LRD) Rating Reaffirmed

In analysts report announced this morning, Numis has restated their “Buy” rating on Laird (LON:LRD) shares. The Estimated Target Price may imply a possible upside of 27.24% from company’s close price.

From a total of 7 analysts covering Laird PLC (LON:LRD) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 378.57 with a 12.26% above today’s (GBX 347.4) stock price. Laird PLC was the topic of 23 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 15 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 271,308 shares of stock traded hands. Laird PLC (LON:LRD) has declined 9.49% since May 22, 2015 and is downtrending. It has underperformed by 3.68% the S&P500.

27.24% to Target, Numis Reaffirms ‘

Laird plc is a United Kingdom-based global technology company. The company has a market cap of 931.34 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 16.9 P/E ratio. The Firm has two divisions: Performance Materials and Wireless Systems.

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