A report released today by Stifel Nicolaus about Lindsay Corporation (NYSE:LNN) raises the target price to $85.00
- Updated: December 1, 2016
Reporting a potential upside of 0.02%, Stifel Nicolaus increased the stock price target of Lindsay Corporation (NYSE:LNN) to $85.00
Just yesterday Lindsay Corporation (NYSE:LNN) traded 1.57% higher at $82.98. Lindsay Corporation’s 50-day moving average is $78.86 and its 200-day moving average is $72.82. The last stock price is up 17.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 249,396 shares of LNN traded hands, up from an average trading volume of 112,065
Recent Performance Chart
Lindsay Corporation has 52 week low of $62.99 and a 52 week high of $87.30 with a PE ratio of 46.27 and has a total market value of $0.
A total of 7 analysts have released a research note on LNN. One analyst rating the company a strong buy, zero analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $69.14.
More About Lindsay Corporation (NYSE:LNN)
Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry. The Infrastructure Segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. It also manufactures and markets hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. It produces or markets chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems, which it sells under its GrowSmart brand.
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