Laird PLC (LRD) Price Target Increased to GBX 180 by Analysts at J P Morgan Chase & Co

Laird PLC (LON:LRD) had its price target raised by J P Morgan Chase & Co from GBX 170 ($2.24) to GBX 180 ($2.38) in a research report report published on Monday. The firm currently has an overweight rating on the stock.

Several other equities analysts have also recently issued reports on LRD. Numis Securities Ltd upped their target price on shares of Laird PLC from GBX 165 ($2.18) to GBX 180 ($2.38) and gave the company an add rating in a research note on Friday. Barclays PLC upped their target price on shares of Laird PLC from GBX 137 ($1.81) to GBX 145 ($1.91) and gave the company an equal weight rating in a research note on Thursday, August 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 171 ($2.26).

Shares of Laird PLC (LON LRD) traded down 0.31% during mid-day trading on Monday, hitting GBX 163.00. 694,631 shares of the stock traded hands. The company’s 50-day moving average price is GBX 147.83 and its 200 day moving average price is GBX 144.34. The company’s market capitalization is GBX 679.87 million. Laird PLC has a 1-year low of GBX 95.12 and a 1-year high of GBX 164.50.

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About Laird PLC

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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