Maxim Group analyst Anthony Vendetti maintained a Buy rating on Landec Corp (LNDC) yesterday and set a price target of $17.00. The company’s shares closed last Monday at $10.48.
According to TipRanks.com, Vendetti has 0 stars on 0-5 star ranking scale with an average return of -2.8% and a 40.7% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Ellex Medical Lasers Limited, Restoration Robotics Inc, and Ra Medical Systems Inc.
Currently, the analyst consensus on Landec Corp is a Strong Buy with an average price target of $15.00.
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The company has a one-year high of $15.57 and a one-year low of $9.02. Currently, Landec Corp has an average volume of 121.8K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LNDC in relation to earlier this year.
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Landec Corp. engages in the design, development, manufacture, and sale of health and wellness products for food and biomaterials markets. It operates through the following segments: Curation Foods, Lifecore, and Others. The Curation Foods segment includes activities to market and pack specialty packaged whole and fresh-cut fruit and vegetables.
