Luxfer to be acquired by Wynnchurch
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Analyst coverage and valuation
The one available analyst rating on the shares is buy.
The average consensus recommendation for the industrial machinery & equipment peer group is buy.
Wall Street's median 12-month price target for Luxfer Holdings PLC is $19.50, about 13.9% above its July 27 closing price of $17.12.
The stock recently traded at 14 times the next 12-month earnings, versus a P/E of 11 three months ago.
Luxfer to be acquired by Wynnchurch Capital
Luxfer Holdings PLC said it will be acquired by Wynnchurch Capital for $17.37 per share in cash.
The company’s Q2 sales and adjusted EPS declined year over year, while adjusted EBITDA fell 4.3% from the prior year. The company did not provide specific guidance due to the pending acquisition.
