Boenning & Scattergood Maintains a Buy Rating on Lindsay Corp (LNN)


In a report released today, Ryan Connors from Boenning & Scattergood maintained a Buy rating on Lindsay Corp (LNN), with a price target of $132. The company’s shares closed yesterday at $96.06.

According to TipRanks.com, Connors is a 4-star analyst with an average return of 4.4% and a 56.6% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and Mueller Water Products.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lindsay Corp with a $111.67 average price target.

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Lindsay Corp’s market cap is currently $1.03B and has a P/E ratio of 51.10. The company has a Price to Book ratio of 3.73.

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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.

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