Lakeland Industries Inc (NASDAQ: LAKE) stock enjoyed a major increase of 12.2% on 3/28/24. The shares closed at $18.30. Moreover, this advance was accompanied by exceptionally high trading volume at 438% of normal. The stock has been strong relative to the market over the last nine months and has risen 16.9% during the last week.
Current PriceTarget Research Rating
LAKE is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Lakeland Industries has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Lakeland Industries has a neutral Appreciation Score of 47 but a good Power Rating of 76, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment