Recent Investment Analysts’ Ratings Changes for Lineage (LINE)

Lineage (NASDAQ: LINE) has recently received a number of price target changes and ratings updates:

• 9/3/2024 – Lineage had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $94.00 price target on the stock.
• 8/28/2024 – Lineage had its price target raised by analysts at Evercore ISI from $88.00 to $90.00. They now have an “in-line” rating on the stock.
• 8/28/2024 – Lineage had its price target raised by analysts at Wells Fargo & Company from $86.00 to $89.00. They now have an “equal weight” rating on the stock.
• 8/26/2024 – Lineage had its price target lowered by analysts at Scotiabank from $95.00 to $94.00. They now have a “sector outperform” rating on the stock.
• 8/19/2024 – Lineage was upgraded by analysts at Baird R W to a “strong-buy” rating.
• 8/19/2024 – Lineage is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $95.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at KeyCorp. They set an “overweight” rating and a $92.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Piper Sandler. They set an “overweight” rating and a $102.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $93.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $100.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Royal Bank of Canada. They set an “outperform” rating and a $94.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $91.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Mizuho. They set a “neutral” rating and a $86.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $88.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Evercore ISI. They set an “inline” rating and a $88.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “hold” rating and a $90.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $86.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $100.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $105.00 price target on the stock.
• 8/19/2024 – Lineage is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $94.00 price target on the stock.

Lineage Stock Down 2.7 %

Lineage stock opened at $81.66 on Wednesday. Lineage, Inc. has a 52 week low of $80.15 and a 52 week high of $89.85. The firm has a market cap of $19.89 billion and a PE ratio of -5.97.

Insider Buying and Selling at Lineage

In related news, CFO Robert Crisci purchased 10,000 shares of Lineage stock in a transaction dated Friday, July 26th. The shares were bought at an average cost of $78.00 per share, for a total transaction of $780,000.00. Following the purchase, the chief financial officer now owns 10,000 shares in the company, valued at approximately $780,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Jeffrey Alvarez Rivera bought 600 shares of the company’s stock in a transaction on Friday, July 26th. The stock was purchased at an average cost of $78.00 per share, for a total transaction of $46,800.00. Following the completion of the transaction, the insider now owns 5,406 shares of the company’s stock, valued at $421,668. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Robert Crisci purchased 10,000 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were purchased at an average cost of $78.00 per share, for a total transaction of $780,000.00. Following the completion of the purchase, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at approximately $780,000. The disclosure for this purchase can be found here. Insiders have acquired a total of 12,150 shares of company stock worth $947,700 over the last 90 days. Insiders own 1.40% of the company’s stock.

Lineage, Inc is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.