Research Analysts’ Weekly Ratings Changes for Lincoln Electric (LECO)

Several brokerages have updated their recommendations and price targets on shares of Lincoln Electric (NASDAQ: LECO) in the last few weeks:

  • 2/9/2018 – Lincoln Electric was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 2/7/2018 – Lincoln Electric was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises. The stock has outperformed the industry, over the past three months. Raw material inflation will impact margins in fourth-quarter 2017 as well as in 2018. A stronger U.S. dollar will continue to affect the company’s exports. “
  • 2/3/2018 – Lincoln Electric was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 2/2/2018 – Lincoln Electric was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $110.00 price target on the stock. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises. The company has outperformed the industry in the past three months. “
  • 2/1/2018 – Lincoln Electric was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises. Raw material inflation will impact margins in fourth-quarter 2017 as well as in 2018. A stronger U.S. dollar will continue to affect the company’s exports. The stock has outperformed the industry, over the past year. The company has a positive record of earnings surprises in the last few quarters. “
  • 1/24/2018 – Lincoln Electric had its price target raised by analysts at Barclays PLC from $90.00 to $96.00. They now have a “hold” rating on the stock.
  • 1/17/2018 – Lincoln Electric was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises. Raw material inflation will impact margins in fourth-quarter 2017 as well as in 2018. A stronger U.S. dollar will continue to affect the company’s exports. The stock has underperformed the industry, over the past year. “
  • 1/16/2018 – Lincoln Electric was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/16/2018 – Lincoln Electric was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $110.00 price target on the stock. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises.  “
  • 1/16/2018 – Lincoln Electric was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $116.00 price target on the stock, up previously from $97.00.
  • 1/11/2018 – Lincoln Electric was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises. Raw material inflation will impact margins in fourth-quarter 2017 as well as in 2018. A stronger U.S. dollar will continue to affect the company’s exports. The stock has underperformed the industry, over the past year. “
  • 1/8/2018 – Lincoln Electric was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $106.00 price target on the stock. According to Zacks, “Lincoln Electric stands to gain from its improving end markets. Focus on commercializing innovative products, relatively stable pricing environment and cost-cutting initiatives will drive growth. It will also benefit from consistent investment in welding automation. Further, the acquisition of Air Liquide will enhance 2020 Vision and Strategy and enables Lincoln to build its global footprint. It will also be accretive to earnings. The company has a positive record of earnings surprises.  “
  • 1/4/2018 – Lincoln Electric was upgraded by analysts at Oppenheimer Holdings Inc. from a “market perform” rating to an “outperform” rating. They now have a $105.00 price target on the stock.
  • 1/4/2018 – Lincoln Electric was upgraded by analysts at UBS Group AG from a “market perform” rating to an “outperform” rating.

Shares of Lincoln Electric Holdings, Inc. (LECO) opened at $86.82 on Monday. The firm has a market cap of $5,708.91, a PE ratio of 20.87, a P/E/G ratio of 1.70 and a beta of 1.04. Lincoln Electric Holdings, Inc. has a 1-year low of $81.39 and a 1-year high of $101.34. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.55 and a quick ratio of 1.83.

Lincoln Electric Holdings, Inc is a manufacturer of welding, cutting and brazing products. The Company operates through three segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily includes welding operations in Europe, Africa, Asia and Australia.

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