Key Takeaways:
- Oppenheimer upgrades Lennox International (LII, Financial) to "Outperform" amid share price dip, suggesting a prime buying opportunity.
- Analysts' average price target indicates a potential upside of 10.29% from current levels.
- GF Value estimate suggests a downside, highlighting the importance of evaluating all metrics before investing.
Oppenheimer's recent upgrade of Lennox International (LII) to "Outperform" has caught the attention of investors. Despite a recent 9% drop in share price, Oppenheimer is optimistic about the company's long-term growth prospects. The current challenges facing Lennox, such as higher costs and slimmer margins, are viewed as temporary, presenting a compelling buying opportunity at current levels.
Wall Street Analysts Forecast
Analyzing the insights from 15 Wall Street analysts, the average one-year price target for Lennox International Inc (LII, Financial) stands at $577.41. This price target showcases a potential upside of 10.29% from the current share price of $523.55. The high estimate is pegged at $700.00, while the low comes in at $431.12. For more detailed forecasts, visit the Lennox International Inc (LII) Forecast page.
The consensus from 21 brokerage firms currently rates Lennox International Inc's (LII, Financial) average brokerage recommendation at 3.0, indicating a "Hold" status. This rating uses a scale from 1 to 5, where 1 is a Strong Buy and 5 is a Sell.
According to GuruFocus estimates, the GF Value for Lennox International Inc (LII, Financial) one year from now is projected at $414.49, suggesting a possible downside of 20.83% from the current share price of $523.55. The GF Value is an assessment of the fair trading value of the stock, computed based on historical multiples, past business growth, and future business performance estimates. More comprehensive data is available on the Lennox International Inc (LII) Summary page.
