LGN (NASDAQ:LGN) Price Target Raised to $60.00 at Tigress Financial

LGN (NASDAQ:LGN) had its price target upped by Tigress Financial from $54.00 to $60.00 in a research note published on Thursday,Benzinga reports. They currently have a buy rating on the stock.

LGN has been the subject of a number of other reports. Weiss Ratings assumed coverage on LGN in a research report on Wednesday, January 14th. They issued a “sell (d+)” rating for the company. Zacks Research upgraded LGN from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, LGN has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

LGN Stock Performance

Shares of NASDAQ:LGN opened at $48.66 on Thursday. LGN has a 52-week low of $26.96 and a 52-week high of $50.20. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98.

Institutional Trading of LGN

An institutional investor recently bought a new position in LGN stock. Harbor Capital Advisors Inc. acquired a new stake in LGN (NASDAQ:LGN) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 28,353 shares of the company’s stock, valued at approximately $1,220,000.

LGN Company Profile

Legence Corp. is a provider of engineering, consulting, installation and maintenance services for mission-critical systems in buildings. The company specializes in designing, fabricating and installing complex HVAC, process piping and other mechanical, electrical and plumbing systems. Legence Corp. is based in SAN JOSE, Calif.