In a report released yesterday, Julian Mitchell from Barclays maintained a Buy rating on Lennox International (LII), with a price target of $285.00. The company’s shares closed last Monday at $248.17.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 10.9% and a 70.1% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.
Lennox International has an analyst consensus of Hold, with a price target consensus of $245.17, a -1.2% downside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
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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 $111 million. In comparison, last year the company had a net profit of $108 million.
Based on the recent corporate insider activity of 129 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LII in relation to earlier this year.
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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.
