Lamprell Plc 14.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Lamprell Plc using EPIC/TICKER code (LON:LAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Lamprell Plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 68 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.1% from today’s opening price of 59.6 GBX. Over the last 30 and 90 trading days the company share price has increased 2.6 points and decreased 2.3 points respectively. The 52 week high for the stock is 105 GBX while the 52 week low for the share price is 51.3 GBX.

Lamprell Plc has a 50 day moving average of 56.65 GBX and a 200 day moving average of 66.63. There are currently 341,726,570 shares in issue with the average daily volume traded being 274,813. Market capitalisation for LON:LAM is £208,809,281 GBP.

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