Brokerage Firm Rating Update on Lsb Industries (LXU)

Lsb Industries (LXU) : 2 brokerage houses believe that Lsb Industries (LXU) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 2 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.

Lsb Industries (LXU) stock is expected to deviate a maximum of $4.24 from the average target price of $18 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $21 and the most muted being $15.


For this week, the average consensus of the company shares are rated as a Strong Buy.

Lsb Industries (NYSE:LXU): The stock opened at $10.9 and touched an intraday high of $11.06 on Wednesday. During the day, the stock corrected to an intraday low of $10.68, however, the bulls stepped in and pushed the price higher to close in the green at $11.04 with a gain of 1.28% for the day. The total traded volume for the day was 504,727. The stock had closed at $10.9 in the previous trading session.

LSB Industries, Inc. is a holding company engaged in manufacturing and marketing operations through its subsidiaries. The Company operates in two segments: Chemical Business and Climate Control Business. LSB and its wholly owned subsidiaries own businesses, which include chemical business manufactures and sells nitrogen-based chemical products for the agricultural, industrial, and mining markets and climate control business manufactures and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related products and services. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. Its climate control business manufactures and distributes its products from over seven facilities located in Oklahoma City, Oklahoma.

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