In a report issued on April 17, Seth Weber from RBC Capital maintained a Buy rating on Oshkosh (OSK), with a price target of $79.00. The company’s shares closed last Friday at $63.85.
According to TipRanks.com, Weber is a 4-star analyst with an average return of 2.9% and a 49.3% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, BrightView Holdings, and Manitowoc Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oshkosh with a $75.50 average price target, implying a 21.5% upside from current levels. In a report issued on April 3, Robert W. Baird also maintained a Buy rating on the stock with a $72.00 price target.
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The company has a one-year high of $95.63 and a one-year low of $46.73. Currently, Oshkosh has an average volume of 849.4K.
Based on the recent corporate insider activity of 112 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OSK in relation to earlier this year. Most recently, in February 2020, David Sagehorn, the EVP & CFO of OSK sold 25,105 shares for a total of $2,286,624.
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Oshkosh Corp. engages in the design, manufacture, and market of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment; Defense; Fire and Emergency; and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms; and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights. The Defense segment produces tactical wheeled vehicles; and supply parts and services for the United States military and other militaries around the world. The Fire and Emergency segment sells commercial and custom fire vehicles; simulators and emergency vehicles primarily for fire departments, airports and other governmental units; and broadcast vehicles for broadcasters and television stations. The Commercial segment includes McNeilus, CON-E-CO, London, Iowa Mold Tooling Co., Inc (IMT), and Oshkosh Commercial. The company was founded in 1917 and is headquartered in Oshkosh, WI.
