Lombard Risk Management plc (LRM) Given New GBX 12 Price Target at N+1 Singer

Lombard Risk Management plc (LON:LRM) had its price objective trimmed by N+1 Singer from GBX 16 ($0.21) to GBX 12 ($0.16) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

Separately, FinnCap reiterated a corporate rating and set a GBX 18.80 ($0.25) target price on shares of Lombard Risk Management plc in a research report on Wednesday.

Shares of Lombard Risk Management plc (LRM) traded down 5.556% during midday trading on Thursday, hitting GBX 6.375. 3,060,644 shares of the stock were exchanged. The stock’s 50 day moving average is GBX 10.65 and its 200 day moving average is GBX 12.13. Lombard Risk Management plc has a 12-month low of GBX 6.06 and a 12-month high of GBX 15.30. The firm’s market cap is GBX 25.54 million.

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About Lombard Risk Management plc

Lombard Risk Management plc is a holding company. The Company’s principal activities include provision of trading, valuation and risk management systems, regulatory and transaction reporting systems and compliance systems to the financial markets, including banks, fund administrators, investment firms, asset managers, energy companies and other firms operating in financial markets and the financial industry.

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