Lincoln Electric Holdings Gets a Hold Rating from KeyBanc

By Ryan Adsit

In a report issued on August 24, Steve Barger from KeyBanc reiterated a Hold rating on Lincoln Electric Holdings (NASDAQ: LECO). The company’s shares closed yesterday at $85.68.

According to, Barger is a 5-star analyst with an average return of 15.5% and a 58.2% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Federal Signal Corp, Freightcar America, and Park-Ohio Holdings.

Currently, the analyst consensus on Lincoln Electric Holdings is Moderate Buy and the average price target is $95.50, representing an 11.5% upside.

In a report issued on August 24, Robert W. Baird also reiterated a Hold rating on the stock with a $91 price target.

Lincoln Electric Holdings’ market cap is currently $5.65B and has a P/E ratio of 24.76. The company has a book value ratio of 6.6355.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2017, Gabriel Bruno, the Executive. V.P. CIO of LECO sold 5,630 shares for a total of $536,702.

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Lincoln Electric Holdings, Inc. is a holding company, which through its subsidiaries manufactures welding, cutting and brazing products. The company also engages in manufacturing a broad line of arc welding equipment, consumable welding products and other welding and cutting products.