Stifel Nicolaus analyst Stanley Elliott maintained a Hold rating on Manitowoc Company (MTW – Research Report) on May 14 and set a price target of $15.00. The company’s shares closed yesterday at $12.88.
Elliott covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, MSA Safety, and Astec. According to TipRanks, Elliott has an average return of 19.6% and a 72.19% success rate on recommended stocks.
In addition to Stifel Nicolaus, Manitowoc Company also received a Hold from J.P. Morgan’s Tami Zakaria in a report issued on May 9. However, on May 10, Barclays maintained a Sell rating on Manitowoc Company (NYSE: MTW).
The company has a one-year high of $19.81 and a one-year low of $11.16. Currently, Manitowoc Company has an average volume of 261.4K.
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Manitowoc Company (MTW) Company Description:
The Manitowoc Co., Inc. engages in the design, manufacture and distribution of a line of crawler mounted lattice boom cranes, under the Manitowoc brand. It operates through the following segments: Americas, Europe and Africa, and Middle East and Asia Pacific. The Americas segment includes the North American and South American continents. The Europe and Africa segment refers to the continents of Europe and Africa. The Middle East and Asia Pacific segment consists of Asia and Australian continents and the Middle East region. The company was founded in 1902 and is headquartered in Manitowoc, WI.
