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Lindsay Corporation (NYSE:LNN) has been downgraded to Buy in a statement by BidaskClub earlier today.

Having a price of $90.61, Lindsay Corporation (NYSE:LNN) traded -1.73% lower on the day. With the last close up 1.96% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same time period. The company has recorded a 50-day moving average of $90.04 and a 200-day moving average of $84.66. 65,184 shares of the stock traded hands, down from an average trading volume of 81,186

BidaskClub has downgraded Lindsay Corporation (NYSE:LNN) to Buy in a statement released on 07/08/2017.

On 07/04/2017, Piper Jaffray released a statement about Lindsay Corporation (NYSE:LNN) upped the target price from $77.00 to $80.00 that suggested a downside of -0.10%.

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Lindsay Corporation (NYSE:LNN)

Lindsay Corporation has a 52 week low of $69.11 and a 52 week high of $95.04 with a P/E ratio of 37.40 The company’s market cap is currently $0.

In addition to BidaskClub reporting its stock price target, a total of 7 brokers have issued a research note 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 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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