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Analysts Conflicted on These Industrial Goods Names: Element Fleet Management (OtherELEEF) and Lincoln Electric Holdings (LECO)

Tipranks - Tue Jan 27, 3:12PM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Element Fleet Management (ELEEFResearch Report) and Lincoln Electric Holdings (LECOResearch Report).

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Element Fleet Management (ELEEF)

In a report released today, Bart Dziarski from RBC Capital maintained a Buy rating on Element Fleet Management, with a price target of C$47.00. The company’s shares closed last Monday at $25.11.

According to TipRanks.com, Dziarski is a 4-star analyst with an average return of 7.7% and a 75.5% success rate. Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Brookfield Corporation, and IGM Financial. ;'>

Currently, the analyst consensus on Element Fleet Management is a Strong Buy with an average price target of $30.88.

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Lincoln Electric Holdings (LECO)

In a report released today, Bryan Blair from Oppenheimer maintained a Hold rating on Lincoln Electric Holdings. The company’s shares closed last Monday at $257.68, close to its 52-week high of $258.55.

According to TipRanks.com, Blair is a 5-star analyst with an average return of 20.0% and a 68.6% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and A. O. Smith Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln Electric Holdings with a $261.20 average price target, implying a 1.0% upside from current levels. In a report issued on January 15, Stifel Nicolaus also maintained a Hold rating on the stock.

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