Shyft Group (SHYF – Research Report) received a Buy rating and price target from Craig-Hallum analyst Steven Dyer today. The company’s shares closed last Friday at $20.80.
Dyer covers the Consumer Cyclical sector, focusing on stocks such as Nautilus Group, TrueCar, and Cars. According to TipRanks, Dyer has an average return of 21.1% and a 56.93% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shyft Group with a $31.33 average price target.
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The company has a one-year high of $33.97 and a one-year low of $18.67. Currently, Shyft Group has an average volume of 246.5K.
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Spartan Motors, Inc. engages in vehicle manufacturing and assembly for the commercial and retail vehicle industries as well as for the emergency response and recreational vehicle markets. It operates through the following three segments: Fleet Vehicles and Services, Emergency Response, and Specialty Vehicles. The Fleet Vehicles and Services segment manufacture commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Emergency Response segment engages in engineering and manufacturing custom emergency response cabs and chassis and complete apparatus to customer specifications, for use by the fire industry throughout the United States and Canada, as well as select markets in South America and Asia. The Specialty Vehicles segment engages in engineering and manufacturing luxury Class A diesel motor home chassis, Reach walk-in van, provide contract assembly of defense vehicles and other specialty chassis, and distribute related aftermarket parts and accessories. The company was founded by William F. Foster, George Sztykiel, Gerald Geary, and John Knox on September 18, 1975 and is headquartered in Charlotte, MI.
Read More on SHYF:
- The Shyft Group to Announce Second Quarter 2023 Financial Results on July 27, 2023
- The Shyft Group Appoints Jacob Farmer as President, Specialty Vehicles
- Shyft Group management to meet with Craig-Hallum
- Shyft Group CEO Daryl Adams to resign
- UPDATE — Builtmore Contract Manufacturing Celebrates 100,000th Unit Production Milestone With Isuzu for N-Series Gas-Powered Trucks
