Lineage (NASDAQ:LINE) Research Coverage Started at Evercore ISI

Evercore ISI assumed coverage on shares of Lineage (NASDAQ:LINE) in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The firm issued an inline rating and a $88.00 target price on the stock.

Other equities analysts also recently issued reports about the stock. UBS Group started coverage on shares of Lineage in a report on Monday. They set a neutral rating and a $88.00 price target on the stock. Scotiabank initiated coverage on Lineage in a research note on Monday. They set a sector outperform rating and a $95.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus price target of $93.60.

Lineage Price Performance

Shares of LINE opened at $86.46 on Monday. Lineage has a 52-week low of $80.15 and a 52-week high of $89.85.

Insider Buying and Selling

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

About Lineage

Our purpose is to transform the global food supply chain to eliminate waste and help feed the world. Built with the vision of creating a more sustainable future, we are a leading mission-critical, temperature-controlled infrastructure provider for the storage, handling and movement of food around the world.