Manitowoc Company. (The) – Consensus ‘Hold’ rating and 4.6% Upside Potential

Broker Ratings
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Manitowoc Company. (The) which can be found using ticker (MTW) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 21 and 9 calculating the average target price we see $16.67. Given that the stocks previous close was at $15.93 this now indicates there is a potential upside of 4.6%. The day 50 moving average is $16.47 and the 200 day MA is $11.64. The market cap for the company is $554m. You can visit the company’s website by visiting: https://www.manitowoc.com

The potential market cap would be $580m based on the market consensus.

The Manitowoc Company. 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 applicationsluding 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 customersluding 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. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.

The company is not paying dividends at this time.

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