Lawson Products Receives a Hold from KeyBanc

By Ryan Adsit

KeyBanc analyst Steve Barger reiterated a Hold rating on Lawson Products (NASDAQ: LAWS) on September 15. The company’s shares closed on Friday at $22.80.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 18.4% and a 64.0% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Federal Signal Corp, and Freightcar America.

Lawson Products has an analyst consensus of Hold.

The company has a one year high of $28.10 and a one year low of $16.69. Currently, Lawson Products has an average volume of 12.1K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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Lawson Products, Inc. engages in distribution of maintenance and repair products for the industrial, commercial, institutional and government market. Its products and services categories includes automotive, chemicals, cutting tools and abrasives, electrical, fasteners, fluid power, hand tools, material handling, safety, shop supplies, storage equipment or literature, welding, optimized inventory management, engineering services, technical information, eBusiness solutions, and scanning solutions. The company was founded by Sidney L. Port in 1952 and is headquartered in Chicago, IL.