Published On: Wed, Oct 19th, 2016

Lindsay Corporation (NYSE:LNN) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Lindsay Corporation (NYSE:LNN).

Most recent broker ratings

10/14/2016 – Lindsay Corporation had its “sell” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 69 price target on the stock.

05/24/2016 – Seaport Global Securities began new coverage on Lindsay Corporation giving the company a “neutral” rating. They now have a USD 67 price target on the stock.

04/01/2016 – Lindsay Corporation had its “neutral” rating reiterated by analysts at Wedbush. They now have a USD 68 price target on the stock.

03/29/2016 – Lindsay Corporation had its “underweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 64 price target on the stock.

09/14/2015 – Lindsay Corporation had its “sell” rating reiterated by analysts at Monness Crespi & Hardt. They now have a USD 62 price target on the stock.

06/26/2015 – Lindsay Corporation had its “market perform” rating reiterated by analysts at William Blair.

03/12/2015 – Lindsay Corporation was upgraded to “buy” by analysts at Sidoti.

02/20/2015 – Lindsay Corporation had its “neutral” rating reiterated by analysts at Zacks. They now have a USD 92 price target on the stock.

01/28/2015 – Boenning & Scattergood began new coverage on Lindsay Corporation giving the company a “neutral” rating.

10/10/2014 – Lindsay Corporation was downgraded to “hold” by analysts at Gabelli.

09/22/2014 – Lindsay Corporation was downgraded to “neutral” by analysts at Sterne Agee. They now have a USD 77 price target on the stock.

10/29/2013 – Lindsay Corporation was downgraded to “hold” by analysts at Jefferson Research.

The share price of Lindsay Corporation (NYSE:LNN) was up +1.10% during the last day of trading, with a day high of 78.73. 118384 shares were traded during the last session.

The stock’s 50 day moving average is 72.62 and its 200 day moving average is 71.27. The stock’s market capitalization is 833.39M. Lindsay Corporation has a 52-week low of 62.99 and a 52-week high of 80.28.

Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry. The Infrastructure Segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. It also manufactures and markets hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. It produces or markets chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems, which it sells under its GrowSmart brand.