Analyst Price Target is $48.50
▲ +23.16% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Douglas Dynamics in the last 3 months. The average price target is $48.50, with a high forecast of $52.00 and a low forecast of $45.00. The average price target represents a 23.16% upside from the last price of $39.38.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Douglas Dynamics. This rating has held steady since January 2020, when it changed from a Hold consensus rating.
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, HENDERSON, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.