Jefferies Sticks to Their Hold Rating for Layne Christensen Company

By Jason Carr

Jefferies analyst Martin Englert reiterated a Hold rating on Layne Christensen Company (NASDAQ: LAYN) yesterday and set a price target of $15. The company’s shares closed yesterday at $14.82.

According to TipRanks.com, Englert is ranked #4075 out of 4766 analysts.

Layne Christensen Company has an analyst consensus of Hold, with a price target consensus of $15.

The company has a one-year high of $16.96 and a one-year low of $6.98. Currently, Layne Christensen Company has an average volume of 304.3K.

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Layne Christensen Co. is a global water management, construction and drilling company. It provides responsible solutions for water, mineral and energy. The company operates through the following segments: Water Resources Division, Inliner Division, Heavy Civil Division and Mineral Services.