Morgan Stanley has revised its price target for Lincoln Electric (LECO, Financial), lowering it from $187 to $179 while maintaining an Underweight rating on the stock. This adjustment reflects the firm's reassessment of the economic landscape, incorporating a more conservative outlook on the machinery and construction sectors projected for 2025.
Amidst a dynamic macroeconomic environment, Morgan Stanley has factored in potential recession scenarios into its predictions. The firm has also updated its risk/reward analysis, taking into account tariff risks and demand conditions, which have led to changes in their stock ratings. This reassessment aligns with the belief that the market may currently be factoring in more subdued outlooks.
The decision to recalibrate the target price and stock ratings is part of Morgan Stanley's broader strategy to ensure its analyses reflect the perceived market positioning and prevailing end-market conditions. Investors are thus advised to consider these adjusted forecasts in their investment decisions involving Lincoln Electric.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Lincoln Electric Holdings Inc (LECO, Financial) is $229.00 with a high estimate of $255.00 and a low estimate of $178.00. The average target implies an upside of 27.15% from the current price of $180.10. More detailed estimate data can be found on the Lincoln Electric Holdings Inc (LECO) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Lincoln Electric Holdings Inc's (LECO, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lincoln Electric Holdings Inc (LECO, Financial) in one year is $193.68, suggesting a upside of 7.54% from the current price of $180.1. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lincoln Electric Holdings Inc (LECO) Summary page.
