Are Analysts Bullish Lincoln Electric Holdings, Inc. (NASDAQ:LECO) After Last Week?

December 7, 2017 - By Darrin Black

 Are Analysts Bullish Lincoln Electric Holdings, Inc. (NASDAQ:LECO) After Last Week?
Investors sentiment increased to 1.48 in 2017 Q2. Its up 0.48, from 1 in 2017Q1. It increased, as 22 investors sold Lincoln Electric Holdings, Inc. shares while 81 reduced holdings. 59 funds opened positions while 93 raised stakes. 42.57 million shares or 3.14% more from 41.27 million shares in 2017Q1 were reported.
The Wisconsin-based State Of Wisconsin Inv Board has invested 0% in Lincoln Electric Holdings, Inc. (NASDAQ:LECO). Mason Street Advisors Limited Com invested in 30,213 shares. Prudential Fincl Inc stated it has 0.01% of its portfolio in Lincoln Electric Holdings, Inc. (NASDAQ:LECO). Panagora Asset owns 0% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 3,235 shares. Neuberger Berman Lc has 0% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 3,533 shares. Amalgamated Bancorporation accumulated 12,110 shares. Cubist Systematic Strategies Ltd Co invested in 0.01% or 2,470 shares. Shelton Capital Mgmt holds 0.03% or 4,860 shares. Ameriprise has 0.01% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 184,627 shares. Metropolitan Life Insurance Ny has 0.04% invested in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) for 60,734 shares. Gemmer Asset Mngmt Limited Liability Company owns 179 shares. Meeder Asset Mgmt Inc has invested 0.05% in Lincoln Electric Holdings, Inc. (NASDAQ:LECO). Nomura Inc holds 3,726 shares. Suntrust Banks has 4,041 shares for 0% of their portfolio. Great West Life Assurance Com Can accumulated 0.01% or 36,374 shares.

Since June 9, 2017, it had 0 buys, and 2 sales for $834,463 activity. Hedlund Steven B also sold $425,069 worth of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) shares. $536,731 worth of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) shares were sold by Bruno Gabriel.

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Ratings Coverage

Among 13 analysts covering Lincoln Electric (NASDAQ:LECO), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Lincoln Electric had 36 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Lincoln Electric Holdings, Inc. (NASDAQ:LECO) rating on Wednesday, July 26. RBC Capital Markets has “Hold” rating and $9600 target. As per Monday, July 11, the company rating was maintained by Barclays Capital. The firm has “Hold” rating given on Monday, October 30 by Stifel Nicolaus. The stock has “Neutral” rating by Longbow on Wednesday, February 15. The stock of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) has “Equal-Weight” rating given on Friday, September 25 by Barclays Capital. FBR Capital maintained the stock with “Buy” rating in Monday, August 21 report. The company was upgraded on Monday, April 4 by KeyBanc Capital Markets. On Thursday, April 14 the stock rating was initiated by William Blair with “Market Perform”. The stock of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) has “Hold” rating given on Thursday, December 8 by Stifel Nicolaus. RBC Capital Markets maintained Lincoln Electric Holdings, Inc. (NASDAQ:LECO) rating on Tuesday, July 28. RBC Capital Markets has “Sector Perform” rating and $64 target. Below is a list of Lincoln Electric Holdings, Inc. (NASDAQ:LECO) latest ratings and price target changes.

29/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $95.0 Maintain
30/10/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $100 New Target: $92 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $96.0 Maintain
15/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $100.0 Maintain
13/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $92.0 Maintain
12/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $96.0 Maintain
01/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $95.0 Maintain
24/08/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
24/08/2017 Broker: Robert W. Baird Rating: Hold New Target: $91.0 Maintain
21/08/2017 Broker: FBR Capital Rating: Buy Maintain

The stock increased 0.02% or $0.02 during the last trading session, reaching $90.95. About 137,653 shares traded. Lincoln Electric Holdings, Inc. (NASDAQ:LECO) has risen 53.15% since December 7, 2016 and is uptrending. It has outperformed by 36.45% the S&P500.

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, makes, and sells welding, cutting, and brazing products worldwide. The company has market cap of $5.98 billion. It operates through three divisions: Americas Welding, International Welding, and The Harris Products Group. It has a 21.89 P/E ratio. The companyÂ’s welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products.

More notable recent Lincoln Electric Holdings, Inc. (NASDAQ:LECO) news were published by: Finance.Yahoo.com which released: “Reasons to Hold on to Lincoln Electric (LECO) Stock for Now” on October 16, 2017, also Globenewswire.com with their article: “Lincoln Electric Board Approves 11.4% Dividend Increase” published on October 17, 2017, Seekingalpha.com published: “Lincoln Electric Holdings’ (LECO) CEO Chris Mapes on Q2 2017 Results …” on July 25, 2017. More interesting news about Lincoln Electric Holdings, Inc. (NASDAQ:LECO) were released by: Seekingalpha.com and their article: “Buoyed By The Industrial Recovery, Automation The Next Driver For Lincoln Electric” published on November 28, 2017 as well as Nasdaq.com‘s news article titled: “RSI Alert: Lincoln Electric Holdings (LECO) Now Oversold” with publication date: November 09, 2017.

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