JPMorgan Chase Reiterates Underweight on Lamprell (LAM)
Lamprell (LON: LAM)‘s stock had its “underweight” rating reaffirmed by research analysts at JPMorgan Chase in a report released on Wednesday. They currently have a $0.56 (35 GBX) target price on the stock.
Shares of Lamprell opened at 76.92 on Wednesday. Lamprell has a one year low of GBX 67.00 and a one year high of GBX 368.70. The company’s market cap is £200.3 million.
Separately, analysts at Investec reiterated a “hold” rating on shares of Lamprell in a research note to investors on Tuesday, August 28th. They now have a $1.59 price target on the stock.
Lamprell plc is a holding company. The Company is engaged in the provision of diversified engineering and contracting products and services to the onshore and offshore oil and gas and renewables industry.
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