UBS AG Gives Neutral Rating to Lamar Advertising Company (LAMR)

By admin | 6 years ago

Lamar Advertising Company (NASDAQ: LAMR)‘s stock had its “neutral” rating restated by analysts at UBS AG (NYSE: UBS) in a research report issued to clients and investors on Friday.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Lamar Advertising Company in a research note to investors on Thursday, March 22nd. They now have a $40.00 price target on the stock. Separately, analysts at Caris & Company upgraded shares of Lamar Advertising Company from an “average” rating to an “above average” rating in a research note to investors on Tuesday, March 20th. They now have a $38.00 price target on the stock, up previously from $30.00. Finally, analysts at Caris & Company upgraded shares of Lamar Advertising Company from an “average” rating to an “above average” rating in a research note to investors on Tuesday, March 20th. They now have a $38.00 price target on the stock, up previously from $30.00.

Lamar Advertising Company traded up 0.04% on Friday, hitting $27.10. Lamar Advertising Company has a 1-year low of $16.49 and a 1-year high of $34.19. The company’s market cap is $2.522 billion.

Lamar Advertising Company last released its earnings data on Thursday, May 3rd. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.11. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. Analysts expect that Lamar Advertising Company will post $0.16 EPS next quarter.

Lamar Advertising Company (Lamar Advertising) is an outdoor advertising company. Lamar Advertising sells advertising on billboards, buses, shelters, benches and logo plates.

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