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Lennox International (NYSE:LII) was upgraded by stock analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a report issued on Friday, TheFlyOnTheWall.com reports.

In other Lennox International news, Director John Major sold 1,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $85.52, for a total transaction of $85,520.00. Following the transaction, the director now directly owns 17,060 shares in the company, valued at approximately $1,458,971. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Lennox International (NYSE:LII) traded up 1.23% during mid-day trading on Friday, hitting $86.66. 463,656 shares of the company’s stock traded hands. Lennox International has a 52 week low of $56.56 and a 52 week high of $88.84. The stock has a 50-day moving average of $86.00 and a 200-day moving average of $77.90. The company has a market cap of $4.290 billion and a P/E ratio of 27.47.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.77 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.04. The company had revenue of $750.00 million for the quarter, compared to the consensus estimate of $727.49 million. During the same quarter last year, the company posted $0.56 earnings per share. Lennox International’s revenue was up 9.4% compared to the same quarter last year. On average, analysts predict that Lennox International will post $4.53 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on LII. Analysts at Ned Davis Research downgraded shares of Lennox International from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 27th. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Lennox International from $76.00 to $80.00 in a research note to investors on Friday, December 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $82.93.

Lennox International Inc (NYSE:LII) is a provider of climate control solutions.

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