Zacks Rating on Manitowoc Company (The) (MTW)

Manitowoc Company (The) (MTW) : The consensus on Manitowoc Company (The) (MTW) based on 8 analyst recommendation on the company stock is 2.25, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Manitowoc Company (The) (MTW) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $7 and the lowest price target forecast is $5. The average forecast of all the analysts is $5.5 and the expected standard deviation is $1.04.


Shares of The Manitowoc Company, Inc. appreciated by 2.27% during the last five trading days but lost 10.49% on a 4-week basis. The Manitowoc Company, Inc. has dropped 13.16% during the last 3-month period . Year-to-Date the stock performance stands at -67.75%. Manitowoc Company (The) (NYSE:MTW): stock turned positive on Tuesday. Though the stock opened at $4.9, the bulls momentum made the stock top out at $4.99 level for the day. The stock recorded a low of $4.89 and closed the trading day at $4.95, in the green by 1.23%. The total traded volume for the day was 1,570,648. The stock had closed at $4.89 in the previous days trading.

The Manitowoc Company, Inc. (MTW) is a multi-industry capital goods manufacturer. The Company operates in two markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). Crane is a provider of engineered lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Foodservice is a manufacturer of commercial foodservice equipment serving the ice, beverage, refrigeration, food-preparation, holding and cooking needs of restaurants, convenience stores, hotels, healthcare and institutional applications. Its Crane products are marketed under the Manitowoc, Grove, Potain, National Crane, Shuttlelift and Manitowoc Crane Care brand names. Its Foodservice products, services and solutions are marketed under Cleveland, Convotherm, Dean, Delfield, Fabristeel, Frymaster, Garland, Inducs, Koolaire, Kolpak, Kysor Panel Systems and U.S. Range, Lincoln, Manitowoc Ice and Merrychef, among others.

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