Manitex International Inc has a consensus price target of $6.9 based on the ratings of 2 analysts. The high is $8 issued by Roth MKM on September 18, 2023. The low is $5.8 issued by Northland Capital Markets on September 13, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Roth MKM on September 13, 2024, August 8, 2024, and September 18, 2023, respectively. With an average price target of $7.27 between Northland Capital Markets, Northland Capital Markets, and Roth MKM, there's an implied 26.82% upside for Manitex International Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Manitex International (NASDAQ:MNTX) was reported by Northland Capital Markets on September 13, 2024. The analyst firm set a price target for $5.80 expecting MNTX to rise to within 12 months (a possible 1.22% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Manitex International (NASDAQ:MNTX) was provided by Northland Capital Markets, and Manitex International downgraded their market perform rating.
There is no last upgrade for Manitex International
The last downgrade for Manitex International Inc happened on September 13, 2024 when Northland Capital Markets changed their price target from $8 to $5.8 for Manitex International Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Manitex International, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Manitex International was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
While ratings are subjective and will change, the latest Manitex International (MNTX) rating was a downgraded with a price target of $8.00 to $5.80. The current price Manitex International (MNTX) is trading at is $5.73, which is out of the analyst’s predicted range.
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