Lamar Advertising Co has a consensus price target of $132.33 based on the ratings of 6 analysts. The high is $160 issued by TD Cowen on November 11, 2024. The low is $121 issued by JP Morgan on July 31, 2024. The 3 most-recent analyst ratings were released by Citigroup, JP Morgan, and TD Cowen on February 25, 2025, February 21, 2025, and November 11, 2024, respectively. With an average price target of $138 between Citigroup, JP Morgan, and TD Cowen, there's an implied 22.28% upside for Lamar Advertising Co from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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02/25/2025 | Buy Now | 13.41% | Citigroup | Jason Bazinet71% | $121.76 → $128 | Maintains | Neutral | Get Alert |
02/21/2025 | Buy Now | 11.64% | JP Morgan | David Karnovsky68% | $129 → $126 | Maintains | Neutral | Get Alert |
11/11/2024 | Buy Now | 41.77% | TD Cowen | Lance Vitanza74% | $142 → $160 | Maintains | Buy | Get Alert |
11/11/2024 | Buy Now | 9.87% | Wells Fargo | Daniel Osley8% | $132 → $124 | Maintains | Equal-Weight | Get Alert |
11/11/2024 | Buy Now | 19.62% | Morgan Stanley | Benjamin Swinburne76% | $125 → $135 | Maintains | Equal-Weight | Get Alert |
09/19/2024 | Buy Now | 16.96% | Wells Fargo | Daniel Osley8% | → $132 | Initiates | → Equal-Weight | Get Alert |
08/09/2024 | Buy Now | 24.05% | TD Cowen | Lance Vitanza74% | $135 → $140 | Maintains | Buy | Get Alert |
07/31/2024 | Buy Now | 7.21% | JP Morgan | Richard Close46% | $117 → $121 | Maintains | Neutral | Get Alert |
07/16/2024 | Buy Now | 19.62% | TD Cowen | Lance Vitanza74% | → $135 | Initiates | → Buy | Get Alert |
07/11/2024 | Buy Now | 8.1% | Citigroup | Jason Bazinet71% | → $122 | Downgrade | Buy → Neutral | Get Alert |
02/26/2024 | Buy Now | -2.53% | Morgan Stanley | Benjamin Swinburne76% | $105 → $110 | Maintains | Equal-Weight | Get Alert |
02/26/2024 | Buy Now | -3.42% | JP Morgan | Richard Close46% | $92 → $109 | Maintains | Neutral | Get Alert |
10/09/2023 | Buy Now | -15.82% | Morgan Stanley | Benjamin Swinburne76% | $100 → $95 | Maintains | Equal-Weight | Get Alert |
08/07/2023 | Buy Now | -11.39% | Morgan Stanley | Benjamin Swinburne76% | $108 → $100 | Maintains | Equal-Weight | Get Alert |
05/05/2023 | Buy Now | -4.31% | Morgan Stanley | Benjamin Swinburne76% | $110 → $108 | Maintains | Equal-Weight | Get Alert |
03/01/2023 | Buy Now | 2.78% | Citigroup | Jason Bazinet71% | $108 → $116 | Maintains | Buy | Get Alert |
02/27/2023 | Buy Now | -2.53% | JP Morgan | Richard Close46% | $100 → $110 | Maintains | Neutral | Get Alert |
08/04/2022 | Buy Now | -2.53% | Morgan Stanley | Benjamin Swinburne76% | $103 → $110 | Maintains | Equal-Weight | Get Alert |
07/07/2022 | Buy Now | -4.31% | Citigroup | Jason Bazinet71% | $112 → $108 | Upgrade | Neutral → Buy | Get Alert |
06/10/2022 | Buy Now | -8.74% | Morgan Stanley | Benjamin Swinburne76% | $135 → $103 | Downgrade | Overweight → Equal-Weight | Get Alert |
The latest price target for Lamar Advertising (NASDAQ:LAMR) was reported by Citigroup on February 25, 2025. The analyst firm set a price target for $128.00 expecting LAMR to rise to within 12 months (a possible 13.41% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Lamar Advertising (NASDAQ:LAMR) was provided by Citigroup, and Lamar Advertising maintained their neutral rating.
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.
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.
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 February 25, 2025 so you should expect the next rating to be made available sometime around February 25, 2026.
While ratings are subjective and will change, the latest Lamar Advertising (LAMR) rating was a maintained with a price target of $121.76 to $128.00. The current price Lamar Advertising (LAMR) is trading at is $112.86, which is out of the analyst’s predicted range.
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