Roth Capital Starts Luxfer Holdings PLC (LXFR) at Buy

April 3, 2020 7:57 AM EDT
Get Alerts LXFR Hot Sheet
Price: $19.81 +0.10%

Rating Summary:
    6 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 26 | New: 41
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Roth Capital analyst Craig Irwin initiates coverage on Luxfer Holdings PLC (NYSE: LXFR) with a Buy rating and a price target of $18.50.

The analyst comments "Luxfer is a specialty materials company with around 20% of revenue from gas cylinders for alt fuels vehicles and automotive pollution catalysts. Mgmt is approaching the tail end of a business transformation plan with an optimized product portfolio, lower frictional costs and a leaner manufacturing footprint. Completed restructuring actions should drive improved earnings power in 2021 in a post COVID-19 environment."

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 $13.28 yesterday.

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