Credit Suisse analyst Jamie Cook maintained a Buy rating on Terex Corp (TEX) today and set a price target of $39. The company’s shares opened today at $35.96.
According to TipRanks.com, Cook is a 4-star analyst with an average return of 6.7% and a 58.7% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Aecom Technology Corp, Jacobs Engineering, and Quanta Services.
Terex Corp has an analyst consensus of Moderate Buy, with a price target consensus of $37.67.
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Terex Corp’s market cap is currently $2.62B and has a P/E ratio of 24.96. The company has a Price to Book ratio of 2.69.
Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TEX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
