Barclays Increases Laird (LRD) Price Target to GBX 145

Laird (LON:LRD) had its price objective lifted by investment analysts at Barclays from GBX 143 ($1.92) to GBX 145 ($1.95) in a research note issued to investors on Monday. The firm currently has an “equal weight” rating on the stock. Barclays’ price target points to a potential upside of 7.81% from the company’s current price.

A number of other brokerages also recently weighed in on LRD. J P Morgan Chase & Co raised their target price on Laird from GBX 170 ($2.29) to GBX 180 ($2.42) and gave the company an “overweight” rating in a report on Monday, October 30th. Numis Securities raised their target price on Laird from GBX 165 ($2.22) to GBX 180 ($2.42) and gave the company an “add” rating in a report on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 171 ($2.30).

Shares of Laird (LRD) opened at GBX 134.50 ($1.81) on Monday. Laird has a twelve month low of GBX 110.72 ($1.49) and a twelve month high of GBX 165 ($2.22).

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Laird Company Profile

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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