Market Overview

UPDATE: Oppenheimer Initiates Luxfer Holdings at Outperform on Strong Fundamentals

Related LXFR
Mid-Afternoon Market Update: Dow Drops 250 Points; Biostar Pharmaceuticals Shares Spike Higher
12 Biggest Mid-Day Losers For Tuesday

Oppenheimer initiated coverage on Luxfer Holdings (NYSE: LXFR) with an Outperform rating and a $15 price target.

Oppenheimer noted, "LXFR's customer base consists of blue chip global companies serving enduring end markets, with growth outperformance prospects driven by a breadth of current and emerging niche market opportunities. We believe magnesium- and zirconium-based solutions are increasingly attractive to product engineering markets, with LXFR a clear leader in technical expertise with a global footprint."

Luxfer Holdings closed at $10.70 on Friday.

Latest Ratings for LXFR

Apr 2016KeyBancUpgradesSector WeightOverweight
Mar 2015OppenheimerMaintainsOutperform
Mar 2015JefferiesMaintainsBuy

View More Analyst Ratings for LXFR
View the Latest Analyst Ratings

Posted-In: OppenheimerAnalyst Color Initiation Pre-Market Outlook Analyst Ratings


Related Articles (LXFR)

View Comments and Join the Discussion!