LSC Communications (LKSD) Rating Increased to Strong-Buy at ValuEngine
ValuEngine upgraded shares of LSC Communications (NYSE:LKSD) from a buy rating to a strong-buy rating in a research report report published on Tuesday morning.
Other analysts also recently issued reports about the stock. Citigroup downgraded shares of LSC Communications from a neutral rating to a sell rating in a research report on Friday, September 29th. BidaskClub upgraded shares of LSC Communications from a strong sell rating to a sell rating in a research report on Friday, October 27th. Finally, Zacks Investment Research upgraded shares of LSC Communications from a strong sell rating to a hold rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Hold and an average price target of $24.00.
Shares of LSC Communications (LKSD) traded down $0.01 during midday trading on Tuesday, hitting $14.14. 203,100 shares of the stock traded hands, compared to its average volume of 245,613. The company has a market cap of $491.66 and a price-to-earnings ratio of 48.76. The company has a quick ratio of 1.10, a current ratio of 1.42 and a debt-to-equity ratio of 2.47. LSC Communications has a one year low of $13.72 and a one year high of $28.96.
Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in LSC Communications during the 2nd quarter worth approximately $138,000. Sei Investments Co. raised its holdings in LSC Communications by 53.3% during the 2nd quarter. Sei Investments Co. now owns 6,508 shares of the company’s stock worth $139,000 after buying an additional 2,263 shares during the period. Cornerstone Capital Management Holdings LLC. acquired a new stake in LSC Communications during the 2nd quarter worth approximately $205,000. AHL Partners LLP raised its holdings in LSC Communications by 0.7% during the 2nd quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock worth $213,000 after buying an additional 72 shares during the period. Finally, Voya Investment Management LLC raised its holdings in LSC Communications by 6.8% during the 2nd quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock worth $317,000 after buying an additional 946 shares during the period. Institutional investors and hedge funds own 84.36% of the company’s stock.
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LSC Communications Company Profile
LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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