Lydall (NYSE:LDL) Rating was Upped by Researchers at Sidoti from Neutral to Buy. The Target Price is to $62.0

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Sidoti Analyst Rating Change Lydall NYSE:LDL

Lydall (NYSE:LDL) Rating Improved

Sidoti has upgraded Lydall (NYSE:LDL) stock to Buy in a research note sent to investors on 13 September, and has set one year target price per share at $62.0. LDL’s old rating was Neutral.

This stock rating upgrade is well received by equity trades, as NYSE:LDL is now trading 5.68% higher at $50.20 as of 2:05 AM New York time. Lydall shares have [From2] 0% over the last 200 days, while the Standard & Poor’s 500 index has surged 6.00% for the same time period.

Institutional Ownership

Grace & White Inc Ny had the biggest stake with ownership of 164,925 shares as of q2 2015 for 1.88% of the portfolio. Alphaone Investment Services Llc is another bull as the active investment manager who is possessing 101,059 shares of Lydall or 1.7% of their portfolio. Also, Thomson Horstmann & Bryant Inc have 1.46% of their portfolio invested in the company for 195,312 shares. The Illinois-based fund Sg Capital Management Llc disclosed it had acquired so far a stake worth about 1.22% of the active investment manager’s stock portfolio in Lydall. The Maryland-based fund Investment Counselors Of Maryland Llc is also positive about the stock, possessing 83,691 shares or 1.15% of their portfolio.

Lydall (NYSE:LDL) Profile

Lydall, Inc. designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications. The Company’s segments are Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals and Thermal/Acoustical Fibers. The Performance Materials segment includes filtration, thermal insulation and life sciences filtration businesses.

Lydall (NYSE:LDL) traded up 5.68% on 13 September, hitting $50.2. A total of 20,161 shares of the company’s stock traded hands. This is down from average of 63,485 shares. Lydall has a 52 week low of $44.14 and a 52 week high of $64.85. The company has a market cap of $865.15M and a P/E ratio of 20.65.

Get the latest Lydall (NYSE:LDL) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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