Published On: Wed, Oct 19th, 2016

Limoneira Co (NASDAQ:LMNR) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Limoneira Co (NASDAQ:LMNR).

Most recent broker ratings

10/19/2015 – Buckingham Research began new coverage on Limoneira Co giving the company a “buy” rating. They now have a USD 23 price target on the stock.

09/10/2015 – Limoneira Co had its “buy” rating reiterated by analysts at Roth Capital. They now have a USD 25 price target on the stock.

05/03/2015 – Limoneira Co had its “sell” rating reiterated by analysts at Zacks.

02/25/2015 – Janney Montgomery Scott began new coverage on Limoneira Co giving the company a “buy” rating.

11/11/2014 – Lake Street began new coverage on Limoneira Co giving the company a “buy” rating.

01/22/2014 – Limoneira Co was downgraded to “hold” by analysts at TheStreet.

10/15/2013 – Limoneira Co had its “strong-buy” rating reiterated by analysts at Feltl & Co.. They now have a USD 33.6 price target on the stock.

The share price of Limoneira Co (NASDAQ:LMNR) was up +0.20% during the last day of trading, with a day high of 19.75. 18084 shares were traded during the last session.

The stock’s 50 day moving average is 18.58 and its 200 day moving average is 17.51. The stock’s market capitalization is 278.17M. Limoneira Co has a 52-week low of 11.30 and a 52-week high of 19.93.

Limoneira Company is engaged in agribusiness and real estate development. The Company’s operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company’s segments include lemon operations, other agribusiness, rental operations and real estate development. The Company has three business divisions: agribusiness, rental operations and real estate development. The Company operates its packinghouses in Santa Paula, California and Yuma, Arizona. The Company’s water resources include water rights, usage rights and pumping rights to the water in aquifers. The Company’s agribusiness includes farming, harvesting, lemon packing and lemon sales operations. The rental operations division includes residential and commercial rentals, leased land operations and organic recycling. The real estate development division includes developable land parcels, multi-family housing and single-family homes.