Mizuho initiated coverage on shares of Lineage (NASDAQ:LINE – Free Report) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $86.00 price objective on the stock.
A number of other brokerages have also issued reports on LINE. Scotiabank started coverage on shares of Lineage in a research note on Monday. They issued a sector outperform rating and a $95.00 target price on the stock. Morgan Stanley initiated coverage on Lineage in a research note on Monday. They set an overweight rating and a $100.00 price objective on the stock. UBS Group assumed coverage on Lineage in a research report on Monday. They issued a neutral rating and a $88.00 target price for the company. Robert W. Baird assumed coverage on Lineage in a research report on Monday. They set an outperform rating and a $91.00 price target on the stock. Finally, Truist Financial started coverage on shares of Lineage in a report on Monday. They issued a buy rating and a $94.00 price objective for the company. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of $93.60.
Check Out Our Latest Stock Report on LINE
Lineage Stock Up 0.2 %
Insider Buying and Selling
In other news, CFO Robert Crisci bought 10,000 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was purchased at an average price of $78.00 per share, for a total transaction of $780,000.00. Following the transaction, the chief financial officer now owns 10,000 shares in the company, valued at $780,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Lineage news, Director Nancy Joy Falotico bought 1,300 shares of the business’s stock in a transaction on Friday, July 26th. The shares were purchased at an average price of $78.00 per share, with a total value of $101,400.00. Following the purchase, the director now directly owns 2,452 shares of the company’s stock, valued at $191,256. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Robert Crisci purchased 10,000 shares of the stock in a transaction dated Friday, July 26th. The shares were acquired at an average cost of $78.00 per share, for a total transaction of $780,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at approximately $780,000. The disclosure for this purchase can be found here. Insiders have bought a total of 12,150 shares of company stock valued at $947,700 in the last quarter. Company insiders own 1.40% of the company’s stock.
Lineage Company Profile
Our purpose is to transform the global food supply chain to eliminate waste and help feed the world. Built with the vision of creating a more sustainable future, we are a leading mission-critical, temperature-controlled infrastructure provider for the storage, handling and movement of food around the world.
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