Manitowoc Company, Inc. (The) – Consensus Indicates Potential -24.8% Downside

Broker Ratings

Manitowoc Company, Inc. (The) found using ticker (MTW) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 21 and 9 and has a mean target at 14.89. With the stocks previous close at 19.8 this now indicates there is a potential downside of -24.8%. The 50 day moving average now sits at 13.9 while the 200 day moving average is 11.01. The market cap for the company is $660m. Visit the company website at:

The potential market cap would be $496m based on the market concensus.

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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.

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