Limbach Holdings Inc Receives a Buy from Roth Capital

By Carrie Williams

Roth Capital analyst Gerry Sweeney reiterated a Buy rating on Limbach Holdings Inc (NASDAQ: LMB) yesterday and set a price target of $17.50. The company’s shares closed yesterday at $12.95.

According to TipRanks.com, Sweeney is a 2-star analyst with an average return of 0.9% and a 52.1% success rate. Sweeney covers the Utilities sector, focusing on stocks such as Nuverra Environmental Solutions Inc, Global Water Resources Inc, and Connecticut Water Service.

Limbach Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.

The company has a one-year high of $16.05 and a one-year low of $11.14. Currently, Limbach Holdings Inc has an average volume of 10.74K.

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Limbach Holdings, Inc. engages in the provision of building infrastructure services. It designs, installations, and maintenance of HVAC and mechanical, electrical, and plumbing systems in new and renovated buildings. The company operates through two segments: Construction and Services.