Terex Corporation with ticker code (TEX) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 65 and 46 and has a mean target at 56.64. Now with the previous closing price of 39.84 this now indicates there is a potential upside of 42.2%. The 50 day MA is 41.8 and the 200 moving average now moves to 45.08. The market cap for the company is $2,747m. Find out more information at: https://www.terex.com
The potential market cap would be $3,905m based on the market concensus.
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers pripally under the Terex and Genie brand names. Its products lude portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as their related components and replacement parts. The MP segment provides materials processing and specialty equipment, luding crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts pripally under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Terex Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, Terex Conveying Systems, ProStacktm, and Terex Bid-Well brand names and business lines. Its products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; and maintenance applications to lift equipment or material, as well as landscaping and biomass production industries. In addition, the company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was orporated in 1986 and is based in Norwalk, Connecticut.
