In a report released today, Gautam Khanna from Cowen & Co. maintained a Hold rating on Lennox International (LII), with a price target of $270. The company’s shares closed on Thursday at $270.64, close to its 52-week high of $277.05.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.5% and a 75.6% 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 Hold, with a price target consensus of $252.80, a -6.6% downside from current levels. In a report issued on April 16, Robert W. Baird also downgraded the stock to Hold with a $272 price target.
See today’s analyst top recommended stocks >>
Based on Lennox International’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $75.6 million. In comparison, last year the company had a net profit of $37.9 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Lennox International, Inc. engages in the 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.
