Terex Corporation (TEX) has an average broker rating of 2.64, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
Terex Corporation (TEX) : Average target price received by Terex Corporation (TEX) is $23.75 with an expected standard deviation of $2.86. The most aggressive target on the stock is $29, whereas the most downbeat target is $20. 12 financial analysts are currently covering the stock.
Also, Deutsche Bank initiates coverage on Terex Corporation (NYSE:TEX) The current rating of the shares is Hold. Equity Analysts at the Firm announces the price target to $26 per share. The rating by the firm was issued on September 7, 2016.
Terex Corporation (NYSE:TEX): After opening at $23.44, the stock dipped to an intraday low of $23.4 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.48 and the buying power remained strong till the end. The stock closed at $24.35 for the day, a gain of 4.06% for the day session. The total traded volume was 796,509. The stocks close on the previous trading day was $23.4.
Terex Corporation is a lifting and material handling solutions company. The Company is focused providing its operations and delivering solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy and utility industries. The Company operates in business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions, and Materials Processing. Its products are manufactured in North and South America, Europe, Australia and Asia and sold across the world. It offers a range of products, including portable material lifts, telehandlers, wheel loaders, midi excavators, site dumpers, tower cranes, utility equipment, industrial cranes, reach stackers, washing systems, chippers and sprinter carriers, among others. Its brands include Terex, Genie, Demag and Powerscreen.