Stifel Nicolaus announced Lindsay Corp (NYSE:LNN), bumping up its stock price target to $69.00 today
- Updated: October 14, 2016
In a report released on 10/14/2016 Stifel Nicolaus increased the stock price target of Lindsay Corp (NYSE:LNN) from $64.00 to $69.00 reporting a possible downside of -0.12%.
Just yesterday Lindsay Corp (NYSE:LNN) traded 0.00% even at $78.85. LNN’s 50-day average is $72.26 and its two hundred day average is $71.26. With the last stock price up 7.96% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 0 shares of LNN changing hands under the typical 83,560
Recent Performance Chart
Lindsay Corp has PE ratio of 92.46 with a one year low of $62.99 and a one year high of $80.28 and has a market capitalization of $0.
A total of 7 brokerages have released a report on Lindsay Corp. One brokerage rating the company a strong buy, zero brokerages rating the company a buy, seven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $69.14.
General Company Details For 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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