It’s been a crucial week for Lakeland Industries, Inc. (NASDAQ:LAKE); here’s what analysts have to say.

February 18, 2018 - By Adrian Erickson

 It's been a crucial week for Lakeland Industries, Inc. (NASDAQ:LAKE); here's what analysts have to say.
Investors sentiment decreased to 2.19 in 2017 Q3. Its down 0.56, from 2.75 in 2017Q2. It dived, as 8 investors sold Lakeland Industries, Inc. shares while 8 reduced holdings. 21 funds opened positions while 14 raised stakes. 4.35 million shares or 30.11% more from 3.34 million shares in 2017Q2 were reported.
144,712 are held by Royal Bancshares Of Canada. Cypress Cap Mngmt Ltd Liability Company (Wy) reported 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). Dimensional Fund Advsrs L P owns 0% invested in Lakeland Industries, Inc. (NASDAQ:LAKE) for 543,631 shares. Manufacturers Life Insurance Comm The holds 650 shares. Numeric Limited Company stated it has 0.02% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE). Us Bank De invested in 27,887 shares or 0% of the stock. California-based California Public Employees Retirement has invested 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). Perritt Capital Mngmt stated it has 0.15% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE). Citigroup Incorporated invested 0% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE). The Massachusetts-based Geode Management Lc has invested 0% in Lakeland Industries, Inc. (NASDAQ:LAKE). 53,000 are held by Putnam Invs Ltd Limited Liability Company. Wells Fargo & Mn reported 0% stake. 1,092 were reported by Tower Research Cap Limited Liability Company (Trc). Polar Asset Mngmt Partners Inc owns 70,000 shares. North Star Management Corporation reported 0.22% of its portfolio in Lakeland Industries, Inc. (NASDAQ:LAKE).

Lakeland Industries, Inc. (NASDAQ:LAKE) Ratings Coverage

Among 2 analysts covering Lakeland Industries (NASDAQ:LAKE), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Lakeland Industries had 4 analyst reports since September 17, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 14 by Roth Capital. On Wednesday, August 23 the stock rating was initiated by Roth Capital with “Buy”. Roth Capital maintained the stock with “Buy” rating in Thursday, September 28 report. Below is a list of Lakeland Industries, Inc. (NASDAQ:LAKE) latest ratings and price target changes.

28/09/2017 Broker: Roth Capital Rating: Buy New Target: $18.0 Maintain
14/09/2017 Broker: Roth Capital Rating: Buy New Target: $18.0 Maintain
23/08/2017 Broker: Roth Capital Rating: Buy New Target: $18.0 Initiate

The stock decreased 0.77% or $0.1 during the last trading session, reaching $12.95. About 7,683 shares traded. Lakeland Industries, Inc. (NASDAQ:LAKE) has risen 32.68% since February 18, 2017 and is uptrending. It has outperformed by 15.98% the S&P500.

Lakeland Industries, Inc. manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. The company has market cap of $105.11 million. The firm offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which protects against fire, burns, and excessive heat. It has a 15.38 P/E ratio. It also provides reusable woven garments, including electrostatic dissipative apparel for electric and gas utilities; flame resistant Nomex/FR and FR cotton coveralls/pants/jackets used in petrochemical and refining operations; and cotton and polycotton coveralls, lab coats, pants, and shirts.

More notable recent Lakeland Industries, Inc. (NASDAQ:LAKE) news were published by: Finance.Yahoo.com which released: “Should Value Investors Pick Lakeland Industries (LAKE) Stock?” on October 16, 2017, also Marketwatch.com with their article: “Lakeland Industries Inc.” published on June 07, 2017, Newsday.com published: “Lakeland Industries is raising $9M in stock sale” on August 18, 2017. More interesting news about Lakeland Industries, Inc. (NASDAQ:LAKE) were released by: Seekingalpha.com and their article: “Lakeland Industries’ (LAKE) CEO Christopher Ryan on Q4 2017 Results – Earnings …” published on April 27, 2017 as well as Prnewswire.com‘s news article titled: “Lakeland Industries, Inc. Reports 29% Increase in Net Income for Fiscal 2018 …” with publication date: September 13, 2017.

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