LTR has been on a wild ride over the last 12-months, although its net change year on year is not a great deal. The stock recovered +8.4% on Monday, but it remains below last week’s high, unlike both PLS and MIN, who are pushing up towards their respective 2024 swing highs. Interestingly, LTR is still not an overly popular company amongst analysts even after its savage pullback with 3 buys, 6 holds, 3 sells – LTR is due to report their half-year results on the 15th of March.
- We can see another 25-30% upside for LTR over the coming months, but it’s an aggressive trade-like play.