$117.70
0.20.17%
At Close: -
$117.70
00.00%
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Lamar Advertising
LAMRNASDAQ
Lamar Advertising (NASDAQ:LAMR) Stock, Analyst Ratings, Price Targets, Forecasts
Lamar Advertising Co has a consensus price target of $113.67 based on the ratings of 3 analysts. The high is $122 issued by Citigroup on July 11, 2024. The low is $109 issued by JP Morgan on February 26, 2024. The 3 most-recent analyst ratings were released by Citigroup, Morgan Stanley, and JP Morgan on July 11, 2024, February 26, 2024, and February 26, 2024, respectively. With an average price target of $113.67 between Citigroup, Morgan Stanley, and JP Morgan, there's an implied -3.43% downside for Lamar Advertising Co from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Morgan Stanley
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Lamar Advertising
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/11/2024 | Buy Now | 3.65% | Citigroup | Jason Bazinet | → $122 | Downgrade | Buy → Neutral | Get Alert |
| 02/26/2024 | Buy Now | -6.54% | Morgan Stanley | Benjamin Swinburne | $105 → $110 | Maintains | Equal-Weight | Get Alert |
| 02/26/2024 | Buy Now | -7.39% | JP Morgan | Richard Close | $92 → $109 | Maintains | Neutral | Get Alert |
| 10/09/2023 | Buy Now | -19.29% | Morgan Stanley | Benjamin Swinburne | $100 → $95 | Maintains | Equal-Weight | Get Alert |
| 08/07/2023 | Buy Now | -15.04% | Morgan Stanley | Benjamin Swinburne | $108 → $100 | Maintains | Equal-Weight | Get Alert |
| 05/05/2023 | Buy Now | -8.24% | Morgan Stanley | Benjamin Swinburne | $110 → $108 | Maintains | Equal-Weight | Get Alert |
| 03/01/2023 | Buy Now | -1.44% | Citigroup | Jason Bazinet | $108 → $116 | Maintains | Buy | Get Alert |
| 02/27/2023 | Buy Now | -6.54% | JP Morgan | Richard Close | $100 → $110 | Maintains | Neutral | Get Alert |
| 08/04/2022 | Buy Now | -6.54% | Morgan Stanley | Benjamin Swinburne | $103 → $110 | Maintains | Equal-Weight | Get Alert |
| 07/07/2022 | Buy Now | -8.24% | Citigroup | Jason Bazinet | $112 → $108 | Upgrade | Neutral → Buy | Get Alert |
| 06/10/2022 | Buy Now | -12.49% | Morgan Stanley | Benjamin Swinburne | $135 → $103 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 02/28/2022 | Buy Now | 14.7% | Morgan Stanley | Benjamin Swinburne | $138 → $135 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Lamar Advertising (LAMR) stock?
The latest price target for Lamar Advertising (NASDAQ:LAMR) was reported by Citigroup on July 11, 2024. The analyst firm set a price target for $122.00 expecting LAMR to rise to within 12 months (a possible 3.65% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Lamar Advertising (LAMR)?
The latest analyst rating for Lamar Advertising (NASDAQ:LAMR) was provided by Citigroup, and Lamar Advertising downgraded their neutral rating.
When was the last upgrade for Lamar Advertising (LAMR)?
The last upgrade for Lamar Advertising Co happened on July 7, 2022 when Citigroup raised their price target to $108. Citigroup previously had a neutral for Lamar Advertising Co.
When was the last downgrade for Lamar Advertising (LAMR)?
The last downgrade for Lamar Advertising Co happened on July 11, 2024 when Citigroup changed their price target from N/A to $122 for Lamar Advertising Co.
When is the next analyst rating going to be posted or updated for Lamar Advertising (LAMR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lamar Advertising, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lamar Advertising was filed on July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.
Is the Analyst Rating Lamar Advertising (LAMR) correct?
While ratings are subjective and will change, the latest Lamar Advertising (LAMR) rating was a downgraded with a price target of $0.00 to $122.00. The current price Lamar Advertising (LAMR) is trading at is $117.70, which is within the analyst’s predicted range.
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