Credit Suisse Keeps Their Buy Rating on Terex Corp (TEX)


In a report released yesterday, Jamie Cook from Credit Suisse maintained a Buy rating on Terex Corp (TEX), with a price target of $37. The company’s shares closed yesterday at $29.68.

According to TipRanks.com, Cook is a 4-star analyst with an average return of 6.1% and a 54.9% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Advanced Disposal Services Inc, Aecom Technology Corp, and Jacobs Engineering.

Currently, the analyst consensus on Terex Corp is a Hold with an average price target of $37.40.

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The company has a one-year high of $50.17 and a one-year low of $25.47. Currently, Terex Corp has an average volume of 1.4M.

Based on the recent corporate insider activity of 91 insiders, corporate insider sentiment is neutral on the stock.

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Terex Corp. engages in manufacture of machinery products. It operates through the following segments: Aerial Work Platforms; Cranes; and Materials Processing. The Aerial Work Platforms segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers.

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