RBC Capital Reaffirms Their Hold Rating on Lennox International (LII)
In a report released on March 26, Deane Dray from RBC Capital maintained a Hold rating on Lennox International, with a price target of $587.00. The company’s shares closed yesterday at $438.30.
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According to TipRanks, Dray is a 5-star analyst with an average return of 12.8% and a 60.32% success rate. Dray covers the Industrials sector, focusing on stocks such as Lennox International, nVent Electric, and Pentair.
In addition to RBC Capital, Lennox International also received a Hold from TipRanks – OpenAI’s OpenAI Construction in a report issued yesterday. However, on the same day, TipRanks – PerPlexity reiterated a Buy rating on Lennox International (NYSE: LII).
Based on Lennox International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.2 billion and a net profit of $142.5 million. In comparison, last year the company earned a revenue of $1.35 billion and had a net profit of $197.7 million
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LII in relation to earlier this year. Last month, Shane D Wall, a Director at LII sold 100.00 shares for a total of $54,001.00.
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