In a report released today, Aaron Spychalla from Craig-Hallum assigned a Buy rating to Lsi Industries (LYTS – Research Report). The company’s shares opened today at $13.68.
Spychalla covers the Industrials sector, focusing on stocks such as Bowman Consulting Group, Ceco Environmental, and Babcock & Wilcox Company. According to TipRanks, Spychalla has an average return of -6.9% and a 49.09% success rate on recommended stocks.
Lsi Industries has an analyst consensus of Strong Buy, with a price target consensus of $17.50.
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LYTS market cap is currently $392.2M and has a P/E ratio of 14.60.
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Lsi Industries (LYTS) Company Description:
LSI Industries, Inc. engages in the provision a variety of lighting solutions. It operates through the following business segments: Lighting, Graphics, and Corporate and Eliminations. The Lighting segment manufactures and markets outdoor and indoor lighting for the commercial, industrial and multi-site retail markets, including the petroleum or convenience store market. The Graphics segment fabricates and sells exterior and interior visual image elements related to graphics. The Corporate and Eliminations segment includes the company’s administrative activities. The company was founded by Robert J. Ready, James P. Sferra, and Donald E. Whipple in 1976 and is headquartered in Cincinnati, OH.
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