BidaskClub Upgrades Luxfer Holdings PLC (LXFR) to Buy

Luxfer Holdings PLC (NYSE:LXFR) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

Several other equities research analysts have also issued reports on LXFR. Zacks Investment Research raised Luxfer Holdings PLC from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Saturday. ValuEngine raised Luxfer Holdings PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th.

Shares of Luxfer Holdings PLC (NYSE LXFR) opened at $13.72 on Wednesday. The stock has a market capitalization of $360.31, a price-to-earnings ratio of 14.73 and a beta of 0.85. Luxfer Holdings PLC has a 52 week low of $9.82 and a 52 week high of $13.84. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.22 and a current ratio of 2.34.

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A number of large investors have recently bought and sold shares of the stock. OxFORD Asset Management LLP bought a new stake in Luxfer Holdings PLC during the third quarter valued at $450,000. Wells Fargo & Company MN boosted its stake in Luxfer Holdings PLC by 28.8% during the third quarter. Wells Fargo & Company MN now owns 247,279 shares of the industrial products company’s stock valued at $3,079,000 after buying an additional 55,240 shares during the period. Paradice Investment Management LLC boosted its stake in Luxfer Holdings PLC by 14.6% during the third quarter. Paradice Investment Management LLC now owns 2,002,400 shares of the industrial products company’s stock valued at $24,930,000 after buying an additional 255,737 shares during the period. Citadel Advisors LLC bought a new stake in Luxfer Holdings PLC during the third quarter valued at $173,000. Finally, Robecosam AG lifted its stake in Luxfer Holdings PLC by 12.0% during the third quarter. Robecosam AG now owns 450,000 shares of the industrial products company’s stock worth $5,594,000 after purchasing an additional 48,300 shares during the last quarter. 85.44% of the stock is owned by institutional investors.

About Luxfer Holdings PLC

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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