Boenning & Scattergood analyst Ryan Connors maintained a Buy rating on Lindsay Corp (LNN) today and set a price target of $132. The company’s shares closed yesterday at $92.
According to TipRanks.com, Connors is a 4-star analyst with an average return of 10.1% and a 72.6% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and Mueller Water Products.
Currently, the analyst consensus on Lindsay Corp is a Moderate Buy with an average price target of $110.50.
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Lindsay Corp’s market cap is currently $992.4M and has a P/E ratio of 54.37. The company has a Price to Book ratio of 3.59.
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Lindsay Corp. provides proprietary water management and road infrastructure products and services. It operates its business through the Irrigation and Infrastructure segments.
