▼ -15.81% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for The Manitowoc in the last 3 months. The average price target is $13.71, with a high forecast of $20.00 and a low forecast of $10.00. The average price target represents a -15.81% upside from the last price of $16.29.
The current consensus among 8 polled investment analysts is to hold stock in The Manitowoc. This Hold consensus rating has held steady for over two years.
The Manitowoc Company, Inc. 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.