Luxfer Holdings PLC (NYSE:LXFR) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday.

A number of other research analysts also recently issued reports on LXFR. Zacks Investment Research raised shares of Luxfer Holdings PLC from a “sell” rating to a “hold” rating and set a $14.00 price objective on the stock in a research report on Wednesday, May 10th. TheStreet raised shares of Luxfer Holdings PLC from a “c+” rating to a “b” rating in a research report on Wednesday, May 17th. Finally, ValuEngine downgraded shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.

Luxfer Holdings PLC (NYSE:LXFR) traded down 0.85% during trading on Wednesday, hitting $11.67. 393 shares of the stock were exchanged. The stock has a 50 day moving average of $12.44 and a 200-day moving average of $12.06. The stock has a market cap of $308.08 million, a P/E ratio of 19.81 and a beta of 0.82. Luxfer Holdings PLC has a 52 week low of $9.28 and a 52 week high of $13.49.

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Several hedge funds and other institutional investors have recently modified their holdings of LXFR. Nationwide Fund Advisors increased its position in shares of Luxfer Holdings PLC by 152.2% in the first quarter. Nationwide Fund Advisors now owns 30,300 shares of the industrial products company’s stock worth $368,000 after buying an additional 18,285 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Luxfer Holdings PLC by 0.5% in the first quarter. Wells Fargo & Company MN now owns 189,160 shares of the industrial products company’s stock worth $2,300,000 after buying an additional 999 shares during the last quarter. Renaissance Group LLC increased its position in shares of Luxfer Holdings PLC by 8.2% in the first quarter. Renaissance Group LLC now owns 27,942 shares of the industrial products company’s stock worth $340,000 after buying an additional 2,107 shares during the last quarter. Karp Capital Management Corp purchased a new position in shares of Luxfer Holdings PLC during the first quarter worth about $140,000. Finally, Parametric Portfolio Associates LLC purchased a new position in shares of Luxfer Holdings PLC during the first quarter worth about $174,000.

About Luxfer Holdings PLC

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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