Lake Street analyst Ben Klieve reiterated a Buy rating on Limoneira Co (LMNR – Research Report) today and set a price target of $19.00. The company’s shares closed yesterday at $15.30.
Klieve covers the Consumer Defensive sector, focusing on stocks such as Local Bounti Corporation, Calavo Growers, and MGP Ingredients. According to TipRanks, Klieve has an average return of 9.2% and a 46.27% success rate on recommended stocks.
Currently, the analyst consensus on Limoneira Co is a Moderate Buy with an average price target of $21.50.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $17.90 and a one-year low of $10.88. Currently, Limoneira Co has an average volume of 105.3K.
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:
