RBC Capital analyst Andrew Wong CFA maintained a Buy rating on Lsb Industries (LXU – Research Report) on April 15 and set a price target of $10.00. The company’s shares closed yesterday at $8.01.
According to TipRanks, Wong CFA is a 4-star analyst with an average return of 8.9% and a 48.50% success rate. Wong CFA covers the Basic Materials sector, focusing on stocks such as CF Holdings, Lsb Industries, and Mosaic Co.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lsb Industries with a $9.17 average price target.
The company has a one-year high of $11.69 and a one-year low of $6.74. Currently, Lsb Industries has an average volume of 500.7K.
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Lsb Industries (LXU) Company Description:
LSB Industries, Inc. engages in manufacturing, marketing, and sale of chemical products for the agricultural, mining, and industrial markets. It also own and operate facilities in El Dorado, Arkansas (El Dorado Facility), Cherokee, Alabama (Cherokee Facility), and Pryor, Oklahoma (Pryor Facility), as well as facility for Covestro AG (Covestro) in Baytown, Texas (Baytown Facility). The company was founded by Jack E. Golsen in 1968 and is headquartered in Oklahoma City, OK.
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