Lamar Advertising Company PT Raised to $48.00 at Barclays Capital (LAMR)
Lamar Advertising Company (NASDAQ: LAMR) had its price target upped by Barclays Capital from $44.00 to $48.00 in a research report sent to investors on Thursday morning. The firm currently has an equal weight rating on the stock.
Shares of Lamar Advertising Company traded down 0.33% during mid-day trading on Thursday, hitting $45.74. Lamar Advertising Company has a one year low of $23.37 and a one year high of $47.34. The stock’s 50-day moving average is currently $43.17. The company has a market cap of $4.284 billion and a P/E ratio of 458.90.
A number of other firms have also recently commented on LAMR. Analysts at Wedbush raised their price target on shares of Lamar Advertising Company to $49.00 in a research note to investors on Thursday. Separately, analysts at Piper Jaffray upgraded shares of Lamar Advertising Company from an underweight rating to a neutral rating in a research note to investors on Thursday. They now have a $43.00 price target on the stock, up previously from $22.00. Finally, analysts at Mizuho raised their price target on shares of Lamar Advertising Company from $43.00 to $46.00 in a research note to investors on Thursday. They now have a neutral rating on the stock.
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