In a report released today, Robert Brown from Lake Street assigned a Buy rating to Limbach Holdings (LMB – Research Report), with a price target of $42.00. The company’s shares closed yesterday at $30.28.
Brown covers the Industrials sector, focusing on stocks such as Applied Digital Corporation, Limbach Holdings, and NV5 Holdings. According to TipRanks, Brown has an average return of 21.9% and a 53.13% success rate on recommended stocks.
Limbach Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $39.00.
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The company has a one-year high of $37.71 and a one-year low of $7.46. Currently, Limbach Holdings has an average volume of 230K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LMB in relation to earlier this year.
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Limbach Holdings (LMB) Company Description:
Limbach Holdings, Inc. engages in the provision of commercial specialty contractor services in the areas of heating, ventilation, air-conditioning (HVAC); plumbing; electrical and building controls for the design and construction of new and renovated buildings; maintenance services; energy retrofits; and equipment upgrades. It operates through Construction and Service segments. The Construction segment manages large construction or renovation projects that involve primarily HVAC, plumbing, or electrical services. The Service segment offers maintenance or service on HVAC, plumbing, or electrical systems. The company was founded in 1901 and is headquartered in Pittsburgh, PA.
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