Terex Corporation with ticker code (TEX) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 65 and 46 with a mean TP of 56.64. With the stocks previous close at 35.66 this would imply there is a potential upside of 58.8%. The 50 day MA is 40.16 while the 200 day moving average is 44.54. The market cap for the company is $2,466m. You can visit the company’s website by visiting: https://www.terex.com
The potential market cap would be $3,917m 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 principally under the Terex and Genie brand names. Its products include 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, including 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 principally 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 incorporated in 1986 and is based in Norwalk, Connecticut.
