Lineage (NASDAQ:LINE) Now Covered by Mizuho

Mizuho began coverage on shares of Lineage (NASDAQ:LINE) in a research note issued to investors on Monday morning, Marketbeat.com reports. The firm issued a neutral rating and a $86.00 price objective on the stock.

Other analysts have also recently issued research reports about the company. Robert W. Baird began coverage on Lineage in a research report on Monday. They set an outperform rating and a $91.00 target price on the stock. UBS Group began coverage on Lineage in a research report on Monday. They set a neutral rating and a $88.00 target price on the stock. Scotiabank began coverage on Lineage in a research report on Monday. They set a sector outperform rating and a $95.00 target price on the stock. Truist Financial began coverage on Lineage in a research report on Monday. They issued a buy rating and a $94.00 price target on the stock. Finally, Wells Fargo & Company began coverage on Lineage in a research report on Monday. They issued an equal weight rating and a $86.00 price target on the stock. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and a consensus price target of $93.60.

Lineage Stock Down 2.4 %

LINE opened at $84.42 on Monday. Lineage has a one year low of $80.15 and a one year high of $89.85.

Insiders Place Their Bets

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

Lineage Company Profile

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.