Published On: Wed, Oct 19th, 2016

Lamar Advertising Company (NASDAQ:LAMR) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Lamar Advertising Company (NASDAQ:LAMR).

Most recent broker ratings

09/13/2016 – Loop Capital began new coverage on Lamar Advertising Company giving the company a “buy” rating. They now have a USD 82 price target on the stock.

07/22/2016 – Lamar Advertising Company had its “hold” rating reiterated by analysts at Gabelli. They now have a USD 64 price target on the stock.

05/05/2016 – Lamar Advertising Company had its “neutral” rating reiterated by analysts at MKM Partners. They now have a USD 65 price target on the stock.

03/28/2016 – Lamar Advertising Company had its “neutral” rating reiterated by analysts at Citigroup.

02/24/2016 – Lamar Advertising Company had its “neutral” rating reiterated by analysts at Wedbush. They now have a USD 65 price target on the stock.

01/13/2016 – Lamar Advertising Company had its “buy” rating reiterated by analysts at Evercore ISI. They now have a USD 65 price target on the stock.

12/08/2015 – Lamar Advertising Company was upgraded to “buy” by analysts at Topeka Capital Markets. They now have a USD 73 price target on the stock.

11/05/2015 – Lamar Advertising Company had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 65 price target on the stock.

05/15/2015 – Lamar Advertising Company had its “equal weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 62 price target on the stock.

05/12/2015 – Lamar Advertising Company was upgraded to “buy” by analysts at Zacks. They now have a USD 66 price target on the stock.

02/26/2015 – Lamar Advertising Company had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 60 price target on the stock.

03/05/2014 – Lamar Advertising Company was downgraded to “neutral” by analysts at Goldman Sachs. They now have a USD 57 price target on the stock.

01/27/2014 – Lamar Advertising Company was upgraded to “hold” by analysts at Thomson Reuters/Verus.

The share price of Lamar Advertising Company (NASDAQ:LAMR) was up +0.06% during the last day of trading, with a day high of 65.26. 391424 shares were traded during the last session.

The stock’s 50 day moving average is 63.49 and its 200 day moving average is 63.94. The stock’s market capitalization is 6.29B. Lamar Advertising Company has a 52-week low of 49.73 and a 52-week high of 69.35.

Lamar Advertising Company is an outdoor advertising company in the United States. The Company operates in the advertising segment. The Company sells advertising on billboards, buses, shelters, benches and logo plates. It operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. As of December 31, 2012, the Company owned and operated over 144,000 billboard advertising displays in 44 states, Canada and Puerto Rico, over 115,000 logo advertising displays in 22 states and the province of Ontario, Canada, and operated over 34,000 transit advertising displays in 15 states, Canada and Puerto Rico. In August 2014, the Company acquired the assets of Marco Outdoor Advertising, Inc.