Lamprell (LAM) PT Lowered to GBX 105 at Canaccord Genuity

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Lamprell (LON:LAM) had its target price decreased by Canaccord Genuity from GBX 115 ($1.50) to GBX 105 ($1.37) in a research report released on Friday morning. Canaccord Genuity currently has a buy rating on the stock.

Separately, Numis Securities restated a buy rating on shares of Lamprell in a research note on Friday, September 21st.

Lamprell stock opened at GBX 63.32 ($0.83) on Friday. Lamprell has a one year low of GBX 56.50 ($0.74) and a one year high of GBX 125 ($1.63).

About Lamprell

Lamprell plc, together with its subsidiaries, provides fabrication, engineering, and contracting services to the offshore and onshore oil and gas, and renewable energy industries in the United Arab Emirates and the Kingdom of Saudi Arabia. The company operates in two segments, Fabrication and Engineering, and Services.

See Also: Book Value Per Share – BVPS

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