Lincoln Electric Holdings Gets a Buy Rating from Oppenheimer


In a report released yesterday, Jim Giannakouros from Oppenheimer maintained a Buy rating on Lincoln Electric Holdings (NASDAQ: LECO). The company’s shares closed yesterday at $86.07.

According to TipRanks.com, Giannakouros is a 4-star analyst with an average return of 4.8% and a 50.3% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Carlisle Companies Inc, and Mueller Water Products.

Currently, the analyst consensus on Lincoln Electric Holdings is Moderate Buy and the average price target is $106.29, representing a 23.5% upside.

In a report issued on April 23, Stifel Nicolaus also reiterated a Buy rating on the stock with a $106 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $101.34 and a one-year low of $81.48. Currently, Lincoln Electric Holdings has an average volume of 440K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts