Tennant Company found using ticker (TNC) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 73 and 66 calculating the average target price we see 69.5. Now with the previous closing price of 68.98 this indicates there is a potential upside of .8%. The day 50 moving average is 61.79 and the 200 moving average now moves to 63.7. The company has a market cap of $1,208m. Visit the company website at: http://www.tennantco.com
The potential market cap would be $1,217m based on the market concensus.
Tennant Company designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, and IPC brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company markets its products to contract cleaners and businesses through direct sales and service organization, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.
