Lake Street analyst Ben Klieve maintained a Buy rating on Limoneira Co (LMNR – Research Report) today and set a price target of $23.00. The company’s shares closed yesterday at $18.30.
According to TipRanks, Klieve is a 4-star analyst with an average return of 6.8% and a 47.98% success rate. Klieve covers the Consumer Defensive sector, focusing on stocks such as Calavo Growers, MGP Ingredients, and Vital Farms.
Currently, the analyst consensus on Limoneira Co is a Strong Buy with an average price target of $23.00.
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The company has a one-year high of $21.54 and a one-year low of $13.83. Currently, Limoneira Co has an average volume of 49.69K.
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Limoneira Co (LMNR) Company Description:
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.
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