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Lee Enterprises (NYSE:LEE – Get Rating) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.
A number of other brokerages have also weighed in on LEE. Noble Financial initiated coverage on shares of Lee Enterprises in a research note on Wednesday, January 19th. They issued an “outperform” rating for the company. Citigroup initiated coverage on shares of Lee Enterprises in a research note on Wednesday, January 19th. They set an “outperform” rating and a $50.00 price objective for the company.
Shares of NYSE LEE opened at $21.13 on Friday. The firm has a market cap of $125.87 million, a PE ratio of 9.56 and a beta of 1.34. The company has a current ratio of 0.74, a quick ratio of 0.72 and a debt-to-equity ratio of 8.35. Lee Enterprises has a 1-year low of $18.10 and a 1-year high of $44.43. The company has a fifty day moving average price of $25.64 and a 200 day…
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