Lamar Advertising Co (NASDAQ:LAMR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Displaying a price of $60.58, Lamar Advertising Co (NASDAQ:LAMR) traded 0.83% higher on the day. The last close is down 3.24% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time. The company has logged a 50-day average of $63.53 and two hundred day average of $63.13. Volume of trade was was down over the average, with 396,284 shares of LAMR changing hands under the typical 574,342 shares.
Zacks Investment Research has upgraded Lamar Advertising Co(NASDAQ:LAMR) to Hold in a report released 9/19/2016.
Previously on 9/13/2016, Loop Capital released a statement on Lamar Advertising Co(NASDAQ:LAMR) raised the target price from $0.00 to $82.00 that suggested an upside of 0.34%.
Recent Performance Graphic:
In addition to Zacks Investment Research reporting it’s price target, a total of 8 brokerages have released a ratings update on LAMR. The one year target is $62.50 with one firm rating the stock a strong buy, two analysts rating the company a buy, six analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 firms rating the company as sell.
With a market cap of $0.0, Lamar Advertising Co has a PE of 20 with a 52 week low of $49.73 and a 52 week high of $69.35.
More About Lamar Advertising Co (NASDAQ:LAMR)
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, and Inc.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.