KeyBanc Believes Luxfer (LXFR) Still Has Room to Grow


KeyBanc analyst Philip Gibbs reiterated a Buy rating on Luxfer (NYSE: LXFR) today and set a price target of $23. The company’s shares opened today at $20, close to its 52-week high of $20.49.

According to TipRanks.com, Gibbs is a 1-star analyst with an average return of 0.0% and a 52.7% success rate. Gibbs covers the Basic Materials sector, focusing on stocks such as Allegheny Technologies, Timkensteel Corp, and Reliance Steel.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Luxfer with a $23 average price target.

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The company has a one-year high of $20.49 and a one-year low of $11.30. Currently, Luxfer has an average volume of 117.9K.

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Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments.

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