Lindsay Corp (NYSE:LNN) stock price target increased to $69.00, issued a report today by Stifel
- Updated: October 13, 2016
In a report released on 10/14/2016 Stifel increased the stock price target of Lindsay Corp (NYSE:LNN) from $64.00 to $69.00 indicating a possible downside of -0.10%.
Yesterday Lindsay Corp (NYSE:LNN) traded 0.00% even at $76.93. The company’s 50-day moving average is $72.26 and its 200-day moving average is $71.26. The last closing price is up 7.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 0 shares of the stock traded hands, down from an average trading volume of 83,560
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Lindsay Corp has a 52 week low of $62.99 and a 52 week high of $80.28 with a P/E ratio of 92.46 The company’s market cap is currently $0.
In addition to Stifel reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $69.14 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 7 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Lindsay Corp (NYSE:LNN)
Lindsay Corporation provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. Its Irrigation Segment includes the manufacture and marketing of center pivot, lateral move and hose reel irrigation systems, which are used principally in the agricultural industry. The Irrigation Segment also manufactures and markets repair and replacement parts for its irrigation systems and controls. In addition, the Irrigation Segment designs and manufactures water pumping stations and controls for the agriculture, golf, landscape and municipal markets and filtration solutions for groundwater, agriculture, industrial and heat transfer markets. Its 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.
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