Laird shows relatively strong fundamentals and is coming back to attractive prices.
However, analysts have revised slightly downward their earnings forecasts.

After several weeks of horizontal fluctuations within the mid-term range GBp 327 / 397, the stock is coming back close to the lower limit of the range.
The GBp 329.6 area could cause a positive reaction for the coming trading sessions and allow a technical rebound towards the GBp 352.5 short-term resistance and then the long-term target price is GBp 382.1.

Thanks to the technical pattern and Laird’s strong fundamentals, active investors can open long trades above GBp 329.6. The downside potential is limited and the timing seems perfect to benefit from a technical rebound.
The goals will be fixed at GBp 352.5 in a first time and then at GBp 382.1.
However, a bearish trend would regain the upper hand if the security breakdown the GBp 329.6 and a stop-loss will be triggered at GBp 324.4.