In a report released today, Bryan Blair from Oppenheimer maintained a Buy rating on Lincoln Electric Holdings (LECO). The company’s shares opened today at $85.62.
According to TipRanks.com, Blair is a 4-star analyst with an average return of 8.7% and a 73.8% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Watts Water Technologies, and Mueller Water Products.
Currently, the analyst consensus on Lincoln Electric Holdings is a Moderate Buy with an average price target of $95.
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The company has a one-year high of $97.93 and a one-year low of $72.27. Currently, Lincoln Electric Holdings has an average volume of 348.6K.
Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock.
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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.
