Lineage (NASDAQ:LINE) Research Coverage Started at Mizuho

Mizuho began coverage on shares of Lineage (NASDAQ:LINE) in a research report released on Monday morning, Marketbeat.com reports. The brokerage issued a neutral rating and a $86.00 price target on the stock.

Several other equities analysts also recently commented on the stock. Evercore ISI assumed coverage on shares of Lineage in a report on Monday. They issued an inline rating and a $88.00 price objective on the stock. Scotiabank initiated coverage on shares of Lineage in a research note on Monday. They issued a sector outperform rating and a $95.00 price target on the stock. Wells Fargo & Company started coverage on shares of Lineage in a research report on Monday. They set an equal weight rating and a $86.00 price objective for the company. Truist Financial initiated coverage on Lineage in a research report on Monday. They issued a buy rating and a $94.00 target price on the stock. Finally, Morgan Stanley assumed coverage on Lineage in a research note on Monday. They set an overweight rating and a $100.00 target price on the stock. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Lineage presently has a consensus rating of Moderate Buy and a consensus price target of $93.60.

Lineage Price Performance

LINE stock opened at $86.46 on Monday. Lineage has a 1-year low of $80.15 and a 1-year high of $89.85.

Insider Transactions at Lineage

In other Lineage news, CFO Robert Crisci acquired 10,000 shares of Lineage stock in a transaction dated Friday, July 26th. The stock was purchased at an average cost of $78.00 per share, for a total transaction of $780,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at $780,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Lineage news, CFO Robert Crisci purchased 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer now owns 10,000 shares in the company, valued at $780,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Nancy Joy Falotico acquired 1,300 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were bought at an average cost of $78.00 per share, with a total value 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 disclosure for this purchase can be found here. Insiders have bought 12,150 shares of company stock valued at $947,700 over the last ninety days. 1.40% of the stock is owned by company 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.