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Stifel Nicolaus announced Lindsay Corp (NYSE:LNN), boosting its stock price target to $90.00 today

Just yesterday Lindsay Corp (NYSE:LNN) traded -3.57% lower at $89.00. Lindsay Corp’s 50-day moving average is $89.02 and its 200-day moving average is $87.70. The last stock price is up 0.77% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 0 shares of LNN traded hands, down from an average trading volume of 81,077

In a report released on 10/13/2017 Stifel Nicolaus increased the stock price target of Lindsay Corp (NYSE:LNN) from $76.00 to $90.00 reporting a possible upside of 0.01%.

Previously on 7/12/2017, Zacks Investment Research released a statement about Lindsay Corp (NYSE:LNN) increased the target price from $0.00 to $101.00. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart

Lindsay Corp (NYSE:LNN)

Lindsay Corp has 52 week low of $72.85 and a 52 week high of $95.04 with a PE ratio of 38.29 and has a market capitalization of $0.

In addition to Stifel Nicolaus reporting its stock price target, a total of 7 brokerages have issued a ratings update on the company. The average stock price target is $69.14 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Lindsay Corp (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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