Published On: Wed, Oct 19th, 2016

Analyst Coverage: Layne Christensen Company (NASDAQ:LAYN)


Recently stock market analysts have updated their consensus ratings on shares of Layne Christensen Company (NASDAQ:LAYN).

Most recent broker ratings

04/18/2016 – Layne Christensen Company had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 7.25 price target on the stock.

04/18/2016 – Layne Christensen Company had its “buy” rating reiterated by analysts at Maxim Group. They now have a USD 9 price target on the stock.

08/17/2015 – Layne Christensen Company had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 9 price target on the stock.

12/11/2014 – Layne Christensen Company had its “neutral” rating reiterated by analysts at UBS. They now have a USD 8.75 price target on the stock.

08/19/2014 – Layne Christensen Company was upgraded to “neutral” by analysts at Zacks. They now have a USD 11.5 price target on the stock.

06/06/2014 – Layne Christensen Company had its “neutral” rating reiterated by analysts at Boenning & Scattergood.

02/18/2014 – Layne Christensen Company was downgraded to “sell” by analysts at Thomson Reuters/Verus.

Layne Christensen Company has a 50 day moving average of 8.47 and a 200 day moving average of 8.35. The stock’s market capitalization is 165.97M, it has a 52-week low of 3.75 and a 52-week high of 9.56.

The share price of the company (NASDAQ:LAYN) was up +0.36%, with a high of 8.43during the day and the volume of Layne Christensen Company shares traded was 60917.

Layne Christensen Company (Layne) is a water management, construction and drilling company. The Company provides drilling solutions for water management, mineral services and specialty drilling needs. The Company operates through four segments: Water Resources, Inliner, Heavy Civil and Mineral Services. Its Water Resources segment provides its customers with solutions for various aspects of water supply system development and technology throughout the United States. Its Inliner segment is a service rehabilitation company offering a range of solutions for wastewater, storm water and process sewer pipeline networks. Its Heavy Civil segment delivers solutions to government agencies and industrial clients by overseeing the design and construction of water and wastewater treatment plants and pipeline installation. Its Mineral Services conducts ground drilling activities, including core drilling, reverse circulation, dual tube, hammer and rotary air-blast methods.