Cowen & Co. Believes Lennox International (NYSE: LII) Still Has Room to Grow

By Ryan Adsit

In a report released today, Gautam Khanna from Cowen & Co. reiterated a Buy rating on Lennox International (NYSE: LII). The company’s shares closed yesterday at $186.56, close to its 52-week high of $192.58.

Khanna commented:

“”Pent-up” residential HVAC replacement demand may not have been as big a.”

According to TipRanks.com, Khanna is a 4-star analyst with an average return of 8.2% and a 67.3% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Acacia Communications, Transdigm Group Inc, and Huntington Ingalls.

Lennox International has an analyst consensus of Moderate Buy, with a price target consensus of $178.

The company has a one year high of $192.58 and a one year low of $135.86. Currently, Lennox International has an average volume of 342.3K.

Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is neutral on the stock. Last month, John W. Norris, a Director at LII sold 1,000 shares for a total of $167,652.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Lennox International, Inc. engages in designing, manufacturing, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following segments: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration.