Today, Canaccord Genuity Trims Lamprell Plc (LAM) Target Price to GBX 70

Today, Canaccord Genuity Trims Lamprell Plc (LAM) Target Price to GBX 70

Lamprell Plc (LON:LAM) had its target price reduced by Canaccord Genuity from GBX 95 ($1.24) to GBX 70 ($0.91) in a research report report published on Friday morning. They currently have a buy rating on the stock.

A number of other research analysts have also issued reports on LAM. JPMorgan Chase & Co. decreased their target price on shares of Lamprell Plc from GBX 122 ($1.59) to GBX 90 ($1.17) and set an overweight rating on the stock in a research report on Thursday, June 16th. Liberum Capital lowered shares of Lamprell Plc to a hold rating and decreased their target price for the stock from GBX 118 ($1.54) to GBX 81 ($1.06) in a research report on Tuesday, September 27th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Lamprell Plc has a consensus rating of Hold and an average target price of GBX 91.43 ($1.19).

Shares of Lamprell Plc (LON:LAM) opened at 73.25 on Friday. Lamprell Plc has a 12-month low of GBX 55.00 and a 12-month high of GBX 142.00. The firm’s market cap is GBX 250.30 million. The firm’s 50-day moving average is GBX 64.91 and its 200-day moving average is GBX 74.41.

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