The Manitowoc Company, Inc. (NYSE:MTW) has been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, Marketbeat reports.
Stifel Nicolaus lowered shares of The Manitowoc from a “buy” rating to a “hold” rating and cut their target price for the stock from $11.50 to $11.00 in a research note on Friday, August 7th.
Credit Suisse Group reiterated a “hold” rating and issued a $10.00 price target on shares of The Manitowoc in a research note on Friday, August 7th.
Jefferies Financial Group reissued a “buy” rating and issued a $20.00 price objective on shares of The Manitowoc in a research report on Monday, August 10th.
Finally, Citigroup lifted their price objective on shares of The Manitowoc from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th.