Jefferies Starts Luxfer Holdings PLC (LXFR) at Buy; Exceptional Value in Specialty Materials

On Monday, Jefferies initiated coverage on Luxfer Holdings PLC (NYSE: LXFR) with a Buy. PT $18.75.

The firm comments "Outperforming its specialty materials valuation peers across all key growth/profitability/return metrics and valued at approximately half the group average, we see exceptional value in LXFR shares and initiate coverage with a BUY rating. Our $18.75 PT values the shares at 5.7x, a full EBITDA turn below peers, and implies upside of 75% from its current price."

For an analyst ratings summary and ratings history on Luxfer Holdings PLC click here. For more ratings news on Luxfer Holdings PLC click here.

Shares of Luxfer Holdings PLC closed at $10.70 yesterday.

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