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EF Hutton Sticks to Their Buy Rating for Core Molding Technologies (CMT)

In a report released today, Chip Moore from EF Hutton maintained a Buy rating on Core Molding Technologies (CMTResearch Report), with a price target of $19.00. The company’s shares closed today at $16.93.

According to TipRanks, Moore is a 5-star analyst with an average return of 26.7% and a 58.33% success rate. Moore covers the Industrial Goods sector, focusing on stocks such as Enovix, Ameresco, and Core Molding Technologies.

Core Molding Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $19.00.

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CMT market cap is currently $135.1M and has a P/E ratio of 16.42.

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Core Molding Technologies, Inc. engages in the manufacture of sheet molding compound; and molding of fiberglass reinforced plastics. It focuses on producing large-format moldings and offers a range of fiberglass processes, spray-up, hand-lay-up, and resin transfer molding. The company produces and sells products for light, medium, and heavy-duty trucks, automobiles and automotive aftermarket, marine, construction and other commercial products. Core Molding Technologies was founded in 1996 and is headquartered in Columbus, OH.

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