Moffett Nathanson began coverage on shares of Lumber Liquidators (NYSE:LL) in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage issued a buy rating on the specialty retailer’s stock.

A number of other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded Lumber Liquidators from a buy rating to a hold rating in a research report on Wednesday, October 18th. Oppenheimer set a $43.00 price target on Lumber Liquidators and gave the stock a buy rating in a research report on Tuesday, October 31st. TheStreet downgraded Lumber Liquidators from a c rating to a d+ rating in a research report on Thursday, November 2nd. Wedbush set a $39.00 price target on Lumber Liquidators and gave the stock a buy rating in a research report on Wednesday, October 25th. Finally, Piper Jaffray Companies reissued a hold rating and set a $32.00 price target on shares of Lumber Liquidators in a research report on Friday, September 8th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of $30.78.

Shares of Lumber Liquidators (LL) traded up $0.46 during midday trading on Monday, reaching $30.40. The company’s stock had a trading volume of 343,934 shares, compared to its average volume of 1,131,193. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.21 and a current ratio of 1.84. Lumber Liquidators has a 1 year low of $14.99 and a 1 year high of $41.33.

Several institutional investors have recently bought and sold shares of the company. Piedmont Investment Advisors LLC acquired a new position in shares of Lumber Liquidators in the third quarter valued at approximately $241,000. Engineers Gate Manager LP acquired a new position in shares of Lumber Liquidators in the third quarter valued at approximately $1,860,000. WINTON GROUP Ltd acquired a new position in shares of Lumber Liquidators in the third quarter valued at approximately $2,317,000. Wells Fargo & Company MN boosted its stake in shares of Lumber Liquidators by 29.5% in the third quarter. Wells Fargo & Company MN now owns 28,438 shares of the specialty retailer’s stock valued at $1,109,000 after buying an additional 6,481 shares during the period. Finally, Systematic Financial Management LP bought a new stake in shares of Lumber Liquidators in the third quarter valued at approximately $421,000. 79.29% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2017/12/08/lumber-liquidators-ll-receives-new-coverage-from-analysts-at-moffett-nathanson.html.

About Lumber Liquidators

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

Analyst Recommendations for Lumber Liquidators (NYSE:LL)

Receive News & Stock Ratings for Lumber Liquidators Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumber Liquidators Holdings Inc and related stocks with our FREE daily email newsletter.