Cowen & Co. Keeps Their Buy Rating on Lennox International (LII)


In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Lennox International (NYSE: LII), with a price target of $225. The company’s shares closed yesterday at $225.32, close to its 52-week high of $225.78.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.4% and a 81.0% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.

Lennox International has an analyst consensus of Moderate Buy, with a price target consensus of $221.25, a -1.8% downside from current levels. In a report issued on August 9, Barclays also maintained a Buy rating on the stock with a $239 price target.

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Based on Lennox International’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $138 million. In comparison, last year the company had a net profit of $116 million.

Based on the recent corporate insider activity of 124 insiders, corporate insider sentiment is negative on the stock.

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Lennox International, Inc. engages in design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration.

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