Lennox International Upgraded to “Buy” by MKM Partners (LII)
Lennox International (NYSE:LII) was upgraded by research analysts at MKM Partners from a “neutral” rating to a “buy” rating in a report released on Thursday, Analyst Ratings.Net reports. The firm currently has a $100.00 price objective on the stock, up from their previous price objective of $97.00. MKM Partners’ target price points to a potential upside of 18.61% from the stock’s previous close.
LII has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. upgraded shares of Lennox International from a “neutral” rating to an “overweight” rating in a research note on Monday, May 5th. They now have a $98.00 price target on the stock, up previously from $94.00. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Lennox International in a research note on Tuesday, April 22nd. They now have a $87.00 price target on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $87.71.
Lennox International (NYSE:LII) opened at 84.31 on Thursday. Lennox International has a 52 week low of $59.30 and a 52 week high of $94.69. The stock’s 50-day moving average is $87.51 and its 200-day moving average is $85.69. The company has a market cap of $4.143 billion and a price-to-earnings ratio of 22.96.
Lennox International (NYSE:LII) last released its 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. Analysts expect that Lennox International will post $4.52 EPS for the current fiscal year.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.