Lake Street analyst Robert Brown maintained a Buy rating on Limbach Holdings (LMB – Research Report) today and set a price target of $43.00. The company’s shares closed last Friday at $51.24.
Brown covers the Industrials sector, focusing on stocks such as NV5 Holdings, Babcock & Wilcox Company, and Enviri. According to TipRanks, Brown has an average return of 20.6% and a 57.24% success rate on recommended stocks.
Limbach Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $43.00.
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Based on Limbach Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $127.77 million and a net profit of $7.19 million. In comparison, last year the company earned a revenue of $122.36 million and had a net profit of $3.64 million
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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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