Manitowoc Company (The) with ticker code (MTW) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 20 and 10 and has a mean target at 13.83. Now with the previous closing price of 13.14 this would imply there is a potential upside of 5.3%. The 50 day MA is 13.85 and the 200 moving average now moves to 10.85. The company has a market capitalisation of $462m. Company Website: http://www.manitowoccranes.com/en
The Manitowoc Company provides engineered lifting equipment for the construction industry 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 telescopic cranes under the Grove, Shuttlelift, and National Crane brands; and a hydraulically powered telescopic boom trucks under the National Crane brand. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand. Its products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure applications, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company was founded in 1902 and is headquartered in Milwaukee, Wisconsin.