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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Lincoln Electric Holdings (LECO) and Graco (GGG)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Lincoln Electric Holdings (LECOResearch Report) and Graco (GGGResearch Report).

Lincoln Electric Holdings (LECO)

Robert W. Baird analyst Mircea Dobre maintained a Buy rating on Lincoln Electric Holdings today and set a price target of $257.00. The company’s shares closed last Wednesday at $237.61.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 11.9% and a 51.1% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, John Bean Technologies, and Illinois Tool Works.

Currently, the analyst consensus on Lincoln Electric Holdings is a Moderate Buy with an average price target of $248.11, representing a 3.7% upside. In a report issued on April 22, Barclays also maintained a Buy rating on the stock with a $185.00 price target.

See today’s best-performing stocks on TipRanks >>

Graco (GGG)

D.A. Davidson analyst Matt Summerville maintained a Hold rating on Graco today. The company’s shares closed last Wednesday at $89.35.

According to TipRanks.com, Summerville is a 4-star analyst with an average return of 8.1% and a 54.3% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Franklin Electric Co, and Alta Equipment Group.

Currently, the analyst consensus on Graco is a Hold with an average price target of $91.33, representing a 1.8% upside. In a report released today, KeyBanc also maintained a Hold rating on the stock.

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