Lineage (NASDAQ:LINE) Now Covered by Analysts at KeyCorp

KeyCorp assumed coverage on shares of Lineage (NASDAQ:LINE) in a report issued on Monday, Marketbeat reports. The brokerage issued an overweight rating and a $92.00 price objective on the stock.

LINE has been the subject of a number of other reports. Morgan Stanley began coverage on shares of Lineage in a research note on Monday. They set an overweight rating and a $100.00 price target for the company. Truist Financial started coverage on Lineage in a research note on Monday. They issued a buy rating and a $94.00 price target on the stock. Mizuho started coverage on Lineage in a research note on Monday. They set a neutral rating and a $86.00 price objective for the company. Wells Fargo & Company assumed coverage on Lineage in a research note on Monday. They issued an equal weight rating and a $86.00 target price on the stock. Finally, Bank of America assumed coverage on Lineage in a report on Monday. They set a buy rating and a $100.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $93.60.

Lineage Trading Up 4.4 %

Shares of NASDAQ:LINE opened at $87.68 on Monday. Lineage has a 1-year low of $80.15 and a 1-year high of $89.85.

Insiders Place Their Bets

In related news, Director Nancy Joy Falotico purchased 1,300 shares of Lineage stock in a transaction dated Friday, July 26th. The stock was bought at an average price of $78.00 per share, for a total transaction of $101,400.00. Following the completion of the acquisition, the director now directly owns 2,452 shares of the company’s stock, valued at $191,256. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, Director Nancy Joy Falotico purchased 1,300 shares of the business’s 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 $101,400.00. Following the completion of the acquisition, the director now directly owns 2,452 shares in the company, valued at approximately $191,256. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jeffrey Alvarez Rivera acquired 600 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were purchased at an average price 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 approximately $421,668. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 12,150 shares of company stock worth $947,700. Company insiders own 1.40% of the company’s stock.

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.