Canaccord Genuity disclosed Lamprell PLC (LON:LAM), bumping down its price target to 70.00GBX earlier today
- Updated: September 30, 2016
Having a price of 68.75GBX, Lamprell PLC (LON:LAM) traded -2.14% lower on the day. With the last close down -9.30% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LAM has recorded a 50-day average of 64.62GBX and a two hundred day average of 75.52GBX. Trade Volume was down over the average, with 170,509 shares of LAM changing hands under the typical 402,268
Reporting a potential upside of 0.02%, Canaccord Genuity dropped the price target of Lamprell PLC (LON:LAM) to 70.00GBX
On 9/27/2016, Liberum Capital released a statement on Lamprell PLC (LON:LAM) dropped the target price from 118.00GBX to 81.00GBX that suggested an upside of 0.17%.
Recent Performance Chart
Lamprell PLC has PE ratio of 5.85 with a one year low of 55.00GBX and a one year high of 142.00GBX and has a market capitalization of 0 GBX.
A total of 5 analysts have released a report on Lamprell PLC. Two analysts rating the company a strong buy, one analyst rating the company a buy, two analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 1.40GBX.
General Company Details For Lamprell PLC (LON:LAM)
Lamprell plc is a United Kingdom-based provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. The principal activities of the Company and its subsidiaries are the upgrade and refurbishment of offshore jackup rigs; fabrication; assembly and new build construction for the offshore oil and gas and renewable sector, including jackup rigs and liftboats; Floating Production, Storage and Offloading (FPSO) and other offshore and onshore structures, and oilfield engineering services, including the upgrade and refurbishment of land rigs. The Company's subsidiaries include Lamprell Energy Limited, Lamprell Investment Holdings Limited, Lamprell Dubai LLC, Lamprell Sharjah WLL, Maritime Offshore Limited, Maritime Offshore Construction Limited and International Inspection Services Limited.
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