According to an update released by analysts at numis the broker has now set a ‘Not Rated’ rating on shares of Laird (LON:LRD) with a price target of 309.
numis on Wednesday indicated Laird’s analyst rating as ‘Not Rated’ with its price target of 309 highlighting a potential increase of 87.7% from Laird’s current price of 164.62.
Over the last twelve months Laird’s stock price has decreased from 333.56 to 164.62, a change of -50.65%.
Laird has 270,100,000 shares in issue which have a share price of 164.62 giving Laird a market capitalisation of 444.64M GBp.
The company has a 50 day moving average of 312.73 and a 200 day moving average of 327.48. The 52 week high shares of Laird have reached is 384.9 whilst the 52 week low for the company’s shares is 153.1.
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. The Wireless Systems segment designs, manufactures and supplies products that enable connectivity and remote smart systems for use in specialized industrial applications. The Wireless Systems segment’s business units include Telematics/Machine-to-machine (M2M), Wireless Automation and Control Solutions, Infrastructure Antenna Systems and Connectivity Solutions. The Performance Materials segment provides critical protection for a range of electronics through its design approach and precision engineering. The Performance Materials segment’s business units include Performance Materials, Engineered Thermal Systems and Model Solution.