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Lindsay Australia Limited (LAU) Gets a Buy from Shaw and Partners

Lindsay Australia Limited (LAU) Gets a Buy from Shaw and Partners

In a report released today, Philip Pepe from Shaw and Partners maintained a Buy rating on Lindsay Australia Limited (LAU – Research Report), with a price target of A$1.00. The company's shares closed today at A$0.70.
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According to TipRanks, Pepe is a 2-star analyst with an average return of -0.1% and a 40.98% success rate.
Lindsay Australia Limited has an analyst consensus of Strong Buy, with a price target consensus of A$0.92.
Based on Lindsay Australia Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$432.83 million and a net profit of A$14.66 million. In comparison, last year the company earned a revenue of A$413.27 million and had a net profit of A$18.08 million
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