Lamprell Plc 20.9% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Lamprell Plc with EPIC/TICKER (LON:LAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Lamprell Plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 73 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.9% from today’s opening price of 60.4 GBX. Over the last 30 and 90 trading days the company share price has increased 1.2 points and decreased 3.1 points respectively. The 1 year high stock price is 105 GBX while the 52 week low is 58.1 GBX.

Lamprell Plc has a 50 day moving average of 62.93 GBX and the 200 Day Moving Average price is recorded at 78.49. There are currently 341,726,570 shares in issue with the average daily volume traded being 262,980. Market capitalisation for LON:LAM is £207,086,296 GBP.

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