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Lincoln Electric Holdings, Inc. (LECO) [hlAlert]

Rating:
Buy LECO
down 15.94 %

Lincoln Electric Holdings, Inc. (LECO) upgraded to Buy by BB&T Capital Mkts

Posted on: Monday,  Jun 16, 2014  12:00 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Lincoln Electric Holdings, Inc. (NASDAQ: LECO) on 06/16/2014, when the stock price was $69.49.
Since then, Lincoln Electric Holdings, Inc. has lost 15.94% as of 01/22/2016's recent price of $58.41.
If you would have followed this BB&T Capital Mkts's recommendation on LECO, you would have lost 15.94% of your investment in 585 days.

Lincoln Electric Holdings, Inc. (Lincoln Electric) is a full-line manufacturer and reseller of welding and cutting products. Welding products include welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The Company's welding product offering also includes regulators and torches used in oxy-fuel welding and cutting. Lincoln Electric has wholly owned subsidiaries or joint venture manufacturing facilities located in the United States, Australia, Brazil, Canada, Colombia, United Kingdom, France, Germany, Indonesia, Ireland, Italy, Mexico, the Netherlands, People?s Republic of China, Poland, Spain, Taiwan, Turkey, Venezuela and Vietnam. Lincoln Electric manages its operations by geographic location and has two segments: North America and Europe, and combines all other operating segments as Other Countries.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/16/2014 12:00 AM Buy
None
69.49
as of 10/17/2014
1 Week up  2.84 %
1 Month down  -11.02 %
3 Months down  -1.27 %
1 YTD down  -6.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2009 9:25 AM Hold
None
15.90
4/7/2008 8:25 AM Buy
None
36.70

(*) Stock Price at the time of the recommendation.
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