Lennox International Upgraded to “Buy” by MKM Partners (LII)
Lennox International (NYSE:LII) was upgraded by equities research analysts at MKM Partners from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $100.00 price target on the stock, up from their previous price target of $97.00. MKM Partners’ target price indicates a potential upside of 17.45% from the stock’s previous close.
Lennox International (NYSE:LII) traded down 1.35% on Tuesday, hitting $85.50. The stock had a trading volume of 1,057,097 shares. Lennox International has a one year low of $59.30 and a one year high of $94.69. The stock has a 50-day moving average of $90.65 and a 200-day moving average of $84.78. The company has a market cap of $4.184 billion and a price-to-earnings ratio of 25.57.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, April 21st. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.01. The company had revenue of $695.00 million for the quarter, compared to the consensus estimate of $691.04 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts predict that Lennox International will post $4.53 earnings per share for the current fiscal year.
A number of other firms have also recently commented on LII. Analysts at Wells Fargo & Co. upgraded shares of Lennox International from a “market perform” rating to an “outperform” rating in a research note on Monday, April 7th. They now have a $90.00 price target on the stock, up previously from $82.00. Separately, analysts at FBR Capital Markets initiated coverage on shares of Lennox International in a research note on Wednesday, February 19th. They set an “outperform” rating on the stock. Finally, analysts at Morgan Stanley upgraded shares of Lennox International from an “underweight” rating to an “equal weight” rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $84.04.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
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