Oshkosh Corporation (OSK) : 12 analysts are covering Oshkosh Corporation (OSK) and their average rating on the stock is 1.5, which is read as a Strong Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Oshkosh Corporation (OSK) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Oshkosh Corporation (OSK) : Currently there are 10 street experts covering Oshkosh Corporation (OSK) stock. The most bullish and bearish price target for the stock is $65 and $57 respectively for the short term. The average price target of all the analysts comes to $61.3. The estimated standard deviation from the target is $2.31.
Also, Deutsche Bank initiates coverage on Oshkosh Corporation (NYSE:OSK) In a research note issued to the investors, the brokerage major announces price-target of $62 per share.The shares have been rated Buy. The rating by the firm was issued on September 7, 2016.
Oshkosh Corporation (NYSE:OSK): After opening at $54.9, the stock dipped to an intraday low of $54.64 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.28 and the buying power remained strong till the end. The stock closed at $56.17 for the day, a gain of 2.26% for the day session. The total traded volume was 724,756. The stocks close on the previous trading day was $54.93.
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.