Lumber Liquidators Holdings Inc (NYSE:LL) has been given an average recommendation of “Hold” by the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $30.38.
Several equities analysts have issued reports on the company. Moffett Nathanson assumed coverage on Lumber Liquidators in a research note on Monday, December 4th. They issued a “buy” rating on the stock. TheStreet lowered Lumber Liquidators from a “c” rating to a “d+” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered Lumber Liquidators from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $33.00 price target on shares of Lumber Liquidators in a research note on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $34.00 price target on Lumber Liquidators and gave the company a “neutral” rating in a research note on Wednesday, November 1st.
Large investors have recently modified their holdings of the company. Private Advisory Group LLC acquired a new position in shares of Lumber Liquidators during the second quarter worth approximately $307,000. State Board of Administration of Florida Retirement System raised its position in shares of Lumber Liquidators by 18.4% during the third quarter. State Board of Administration of Florida Retirement System now owns 25,220 shares of the specialty retailer’s stock worth $983,000 after purchasing an additional 3,926 shares during the period. EAM Investors LLC acquired a new position in shares of Lumber Liquidators during the second quarter worth approximately $3,047,000. Teachers Advisors LLC raised its position in shares of Lumber Liquidators by 11.5% during the second quarter. Teachers Advisors LLC now owns 51,125 shares of the specialty retailer’s stock worth $1,281,000 after purchasing an additional 5,273 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Lumber Liquidators by 28.5% during the second quarter. Ameriprise Financial Inc. now owns 192,386 shares of the specialty retailer’s stock worth $4,821,000 after purchasing an additional 42,684 shares during the period. 78.86% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: This story was first published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.com-unik.info/2017/12/21/lumber-liquidators-holdings-inc-ll-given-consensus-rating-of-hold-by-brokerages.html.
Lumber Liquidators Company Profile
Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.
What are top analysts saying about Lumber Liquidators? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Lumber Liquidators and related companies.