Lakeland Industries Analyst Report: Current Rally Poised to Reverse Issued by BrokerBank Securities, Inc.

NEW YORK, Feb 19, 2015 /PRNewswire/ -- Lakeland Industries LAKE (the "Company") headquartered in Ronkokoma, New York is an international provider of industrial protective clothing. The Company provides their products for military/governmental, personal, and commercial use. Operating through a network of approximately 1,200 retailers in North America, Lakeland distributes its products to its customers. Lakeland also provides its products through subsidiaries globally from South America to Asia.

According to a Markets and Markets report the protective clothing market is expected to grow to $8 Billion by 2018. As emerging markets develop their industrial capabilities, the demand for protective clothing is anticipated to rise. The Company is highly susceptible to large upswings, as can be seen in mid-October at the height of the Ebola Crisis where shares hit $29/share.

With a new target price issued at $17 from Craig-Hallum, shares in Lakeland has soared 24% in the past week hitting $10.20. The Company operating in a growing industry with a strong market position has investors looking very optimistically at the organizations future.

For a more in-depth look at Lakeland with analysis of market trends and analyst recommendation please follow the link below. There is no cost obligation to view this report.

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SOURCE BrokerBank Securities, Inc.