Analyst Price Target is $156.75
▼ -9.76% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Lincoln Electric in the last 3 months. The average price target is $156.75, with a high forecast of $170.00 and a low forecast of $149.00. The average price target represents a -9.76% upside from the last price of $173.70.
Current Consensus is
The current consensus among 4 investment analysts is to hold stock in Lincoln Electric. This rating has held steady since July 2022, when it changed from a Buy consensus rating.
Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products and other welding and cutting products. Its welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The firm offers CNC plasma and oxy-fuel cutting systems, regulators and torches used in oxy-fuel welding, cutting and brazing. It operates through the following segments: Americas Welding, International Welding and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the company's global cutting, soldering and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 05, 1895 and is headquartered in Cleveland, OH.