Lumber Liquidators Holdings Lowered to “Neutral” at Ned Davis Research (LL)
Lumber Liquidators Holdings (NYSE:LL) was downgraded by research analysts at Ned Davis Research from a “buy” rating to a “neutral” rating in a report released on Tuesday, AnalystRatings.Net reports.
Shares of Lumber Liquidators Holdings (NYSE:LL) traded down 1.02% on Tuesday, hitting $99.0301. 169,104 shares of the company’s stock traded hands. Lumber Liquidators Holdings has a 1-year low of $53.73 and a 1-year high of $119.98. The stock’s 50-day moving average is $99.56 and its 200-day moving average is $101.8. The company has a market cap of $2.733 billion and a P/E ratio of 39.53.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 23rd. They now have a $103.30 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Lumber Liquidators Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 16th. Finally, analysts at Wedbush initiated coverage on shares of Lumber Liquidators Holdings in a research note to investors on Thursday, December 5th. They set an “outperform” rating and a $125.00 price target on the stock. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $121.19.
Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
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