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Terex Corporation (NYSE:TEX) price target raised to $35.00, reported today by Seaport Global

Seaport Global bumped up the target of Terex Corporation (NYSE:TEX) to $35.00 indicating a possible upside of 0.05%.

Just yesterday Terex Corporation (NYSE:TEX) traded 0.15% higher at $33.33. TEX’s 50-day average is $32.11 and its two hundred day average is $30.50. With the last close up 9.27% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the date range. Volume of trade was up over the average, with 1,891,378 shares of TEX changing hands over the typical 1,583,750

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Terex Corporation (NYSE:TEX)

Terex Corporation has with a one year low of $18.91 and a one year high of $36.43 and has a total market value of $0.

A total of 14 firms have reported on TEX. Four equity analysts rating the company a strong buy, three brokers rating the stock a buy, 10 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $23.59.

Brief Synopsis On Terex Corporation (NYSE:TEX)

Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers. The AWP segment's products are used by its customers to construct and maintain industrial, commercial and residential buildings and facilities, and for other commercial operations, as well as in a range of infrastructure projects. The Cranes segment's products are used by its customers for construction and manufacturing facilities, among others. The MP segment's products are used by its customers in construction, infrastructure and recycling projects.

The post Terex Corporation (NYSE:TEX) price target raised to $35.00, reported today by Seaport Global appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Terex Corporation (NYSE:TEX) price target raised to $35.00, reported today by Seaport Global

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