Manitowoc Company, Inc. (The) with ticker code (MTW) have now 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 21 and 9 calculating the mean target price we have $16.44. Given that the stocks previous close was at $15.17 and the analysts are correct then we can expect a percentage increase in value of 8.4%. Also worth taking note is the 50 day moving average now sits at $16.31 and the 200 moving average now moves to $11.52. The total market capitalization for the company now stands at $531m. You can visit the company’s website by visiting: https://www.manitowoc.com
The potential market cap would be $576m based on the market consensus.
The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand. The company also provides aftermarket services, such as sale of parts and accessories, field service work, routine maintenance services, technical support, erection and decommissioning services, crane remanufacturing, and training services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.
The company is not paying dividends at this time.
