Boenning & Scattergood analyst Ryan Connors maintained a Buy rating on Lindsay Corp (NYSE: LNN) today and set a price target of $132. The company’s shares opened today at $89.25.
According to TipRanks.com, Connors is a 4-star analyst with an average return of 9.0% and a 69.2% 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 Hold analyst consensus rating for Lindsay Corp with a $98 average price target.
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Lindsay Corp’s market cap is currently $1.03B and has a P/E ratio of 47.64. The company has a Price to Book ratio of 3.71.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock.
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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.
