In a report released on February 3, Vincent Anderson from Stifel Nicolaus maintained a Buy rating on Limoneira Co (LMNR – Research Report), with a price target of $19.00. The company’s shares closed yesterday at $14.27.
According to TipRanks, Anderson is a 5-star analyst with an average return of 22.6% and a 67.04% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Mosaic Co, Nutrien, and Archer Daniels Midland.
Currently, the analyst consensus on Limoneira Co is a Moderate Buy with an average price target of $18.00, a 26.14% upside from current levels. In a report released on February 2, Lake Street also reiterated a Buy rating on the stock with a $19.00 price target.
See today’s best-performing stocks on TipRanks >>
LMNR market cap is currently $252.5M and has a P/E ratio of -212.18.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Limoneira Co. is an agribusiness and real estate development company, which engages in the innovation of agricultural citrus industry in California. It operates through the following three divisions: Agribusiness, Rental Operations, and Real Estate Development. The Agribusiness division comprised of lemon operations and other agribusiness segments include farming, harvesting, lemon packing, and lemon sales operations. The Rental Operations division focuses on the residential and commercial rentals, leased land operations, and organic recycling. The Real Estate Development division deal in the real estate projects and development. The company was founded by Nathan W. Blanchard and Wallace L. Hardison in 1893 and is headquartered in Santa Paula, CA.
Read More on LMNR:
