Free Trial

Lincoln Electric (LECO) Stock Forecast & Price Target

$184.94
+0.48 (+0.26%)
(As of 06/18/2024 ET)

Lincoln Electric - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$225.29
21.82% Upside
High Forecast$265.00
Average Forecast$225.29
Low Forecast$170.00
TypeCurrent Forecast
6/19/23 to 6/18/24
1 Month Ago
5/20/23 to 5/19/24
3 Months Ago
3/21/23 to 3/20/24
1 Year Ago
6/19/22 to 6/19/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$225.29$228.00$208.56$181.17
Forecasted Upside21.82% Upside4.83% Upside3.41% Upside10.79% Upside
Get Lincoln Electric Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for LECO and its competitors with MarketBeat's FREE daily newsletter.

LECO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

LECO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Lincoln Electric Stock vs. The Competition

TypeLincoln ElectricIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.33
2.52
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside21.53% Upside47.38% Upside11.34% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/24/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$285.00 ➝ $265.00+30.12%
5/24/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$252.00 ➝ $236.00+14.80%
5/24/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$280.00 ➝ $240.00+16.75%
4/29/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMarket Perform ➝ Market Perform
4/26/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold ➝ Hold$241.00 ➝ $238.00+3.90%
1/11/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$215.00 ➝ $250.00+19.66%
1/8/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderweight$178.00-15.73%
10/31/2023Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
W. Liptak
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy
9/27/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSell$170.00-4.50%
5/16/2023CL King
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral
5/2/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$145.00 ➝ $185.00+8.43%
4/28/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:26 PM ET.

LECO Forecast - Frequently Asked Questions

What is Lincoln Electric's stock forecast and purchase recommendation?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Lincoln Electric is $225.29, with a high forecast of $265.00 and a low forecast of $170.00. The consensus rating for Lincoln Electric stock is Hold based on the current 2 sell ratings, 2 hold ratings and 5 buy ratings for LECO. Learn more on LECO's analyst rating history.

Do Wall Street analysts like Lincoln Electric more than its competitors?

Analysts like Lincoln Electric less than other "industrial products" companies. The consensus rating for Lincoln Electric is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how LECO compares to other companies.

Does Lincoln Electric's stock price have much upside?

According to analysts, Lincoln Electric's stock has a predicted upside of 9.36% based on their 12-month stock forecasts.

What analysts cover Lincoln Electric?

Lincoln Electric has been rated by research analysts at KeyCorp, Loop Capital, Oppenheimer, Robert W. Baird, and Stifel Nicolaus in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:LECO) was last updated on 6/18/2024 by MarketBeat.com Staff

From Our Partners