Lennox International Given Consensus Recommendation of “Buy” by Analysts (NYSE:LII)
Lennox International (NYSE:LII) has been given an average recommendation of “Buy” by the fourteen analysts that are presently covering the company, American Banking News.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $92.03.
A number of analysts have recently weighed in on LII shares. Analysts at Morgan Stanley raised their price target on shares of Lennox International from $89.00 to $93.00 in a research note on Wednesday. Separately, analysts at Longbow Research initiated coverage on shares of Lennox International in a research note on Friday, June 27th. They set a “buy” rating and a $108.00 price target on the stock. Finally, analysts at Susquehanna initiated coverage on shares of Lennox International in a research note on Tuesday, June 24th. They set a “neutral” rating and a $101.00 price target on the stock.
Shares of Lennox International (NYSE:LII) opened at 85.15 on Thursday. Lennox International has a 1-year low of $66.00 and a 1-year high of $94.69. The stock has a 50-day moving average of $87.87 and a 200-day moving average of $87.83. The company has a market cap of $4.185 billion and a P/E ratio of 24.12.
Lennox International (NYSE:LII) last announced its earnings results on Monday, April 21st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts predict that Lennox International will post $4.52 earnings per share for the current fiscal year.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
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