A statement released earlier today by Lake Street about Limoneira (NASDAQ:LMNR) bumps the target price to $22.00
- Updated: January 11, 2017
Boasting a price of $21.09, Limoneira (NASDAQ:LMNR) traded -2.32% lower on the day. With the last close up 10.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the date range. Limoneira has recorded a 50-day average of $19.63 and a two hundred day average of $18.70. Volume of trade was down over the average, with 3,593 shares of LMNR changing hands under the typical 51,805
Lake Street bumped up the target of Limoneira (NASDAQ:LMNR) to $22.00 stating a potential upside of 0.04%.
Recent Performance Chart
Limoneira has PE ratio of 36.14 with a one year low of $11.30 and a one year high of $21.78 and has a total market value of $0.
Brief Synopsis About Limoneira (NASDAQ:LMNR)
Limoneira Company is an agribusiness and real estate development company. The Company's operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company's three business divisions are agribusiness, rental operations and real estate development. The Company's agribusiness division consists of two segments, namely lemon operations and other agribusiness, and includes its farming, harvesting, lemon packing and lemon sales operations. The Company's rental operations business division includes its residential and commercial rentals, leased land operations and organic recycling. The Company's real estate development business division includes its real estate projects and development. The Company operates its packinghouses in Santa Paula, California and Yuma, Arizona. The Company's water resources include water rights, usage rights and pumping rights to the water in aquifers.
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