Laird PLC (LON:LRD) Given Average Recommendation of “Hold” by Brokerages
Laird PLC (LON:LRD) has been assigned a consensus rating of “Hold” from the seven ratings firms that are covering the firm. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 358.86 ($4.68).
LRD has been the topic of several recent analyst reports. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 350 ($4.57) price target on shares of Laird PLC in a research note on Monday, August 1st. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 400 ($5.22) price target on shares of Laird PLC in a research note on Friday, July 29th. JPMorgan Chase & Co. decreased their price target on Laird PLC from GBX 410 ($5.35) to GBX 380 ($4.96) and set an “overweight” rating on the stock in a research note on Friday, July 8th. Finally, Berenberg Bank initiated coverage on Laird PLC in a research note on Thursday, August 18th. They issued a “sell” rating and a GBX 230 ($3.00) price target on the stock.
Laird PLC (LON:LRD) traded down 1.57% on Monday, reaching GBX 319.20. The company had a trading volume of 1,216,210 shares. The company’s market capitalization is GBX 862.16 million. The company’s 50 day moving average price is GBX 310.68 and its 200-day moving average price is GBX 335.85. Laird PLC has a 12 month low of GBX 272.00 and a 12 month high of GBX 385.90.
The firm also recently disclosed a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be paid a GBX 4.53 ($0.06) dividend. This represents a yield of 1.53%. The ex-dividend date of this dividend is Thursday, November 3rd.
In other news, insider Wiklund,Kjersti bought 2,600 shares of the company’s stock in a transaction dated Friday, August 5th. The stock was bought at an average price of GBX 324 ($4.23) per share, for a total transaction of £8,424 ($10,995.95). Also, insider Rachou,Nathalie bought 5,000 shares of the company’s stock in a transaction dated Monday, August 1st. The shares were purchased at an average price of GBX 293 ($3.82) per share, with a total value of £14,650 ($19,122.83).
Laird PLC Company Profile
Laird PLC is a United Kingdom-based global technology company focused on providing systems, components and solutions that protects electronics from electromagnetic interference and heat, and that enable connectivity in various wireless applications and antenna systems. The Company operated through two segments: Wireless Systems and Performance Materials.
Receive News & Ratings for Laird PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laird PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.