Lineage (NASDAQ:LINE) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Lineage (NASDAQ:LINE) in a research report sent to investors on Monday, Marketbeat.com reports. The brokerage issued a hold rating and a $90.00 price target on the stock.

Other research analysts have also issued reports about the stock. Robert W. Baird initiated coverage on shares of Lineage in a research report on Monday. They set an outperform rating and a $91.00 price target on the stock. Mizuho initiated coverage on shares of Lineage in a research note on Monday. They issued a neutral rating and a $86.00 price objective for the company. UBS Group assumed coverage on Lineage in a research note on Monday. They issued a neutral rating and a $88.00 target price on the stock. Truist Financial initiated coverage on Lineage in a research report on Monday. They set a buy rating and a $94.00 price target for the company. Finally, Morgan Stanley began coverage on Lineage in a report on Monday. They set an overweight rating and a $100.00 price target on the stock. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus price target of $93.60.

Lineage Stock Performance

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

Insider Activity at Lineage

In other Lineage news, insider Jeffrey Alvarez Rivera bought 600 shares of the business’s stock in a transaction on Friday, July 26th. The stock was purchased at an average price of $78.00 per share, for a total transaction of $46,800.00. Following the completion of the transaction, the insider now directly owns 5,406 shares of the company’s stock, valued at $421,668. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In other Lineage news, insider Jeffrey Alvarez Rivera bought 600 shares of the stock in a transaction on 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 acquisition, the insider now directly owns 5,406 shares of the company’s stock, valued at approximately $421,668. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Robert Crisci purchased 10,000 shares of the business’s stock in a transaction dated Friday, July 26th. The stock was bought at an average cost of $78.00 per share, with a total value 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 disclosure for this purchase can be found here. In the last three months, insiders have bought 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.