Manitowoc Co Inc has a consensus price target of $13.76 based on the ratings of 9 analysts. The high is $20 issued by Credit Suisse on August 9, 2023. The low is $9 issued by Barclays on August 9, 2024. The 3 most-recent analyst ratings were released by Baird, JP Morgan, and Goldman Sachs on November 1, 2024, October 14, 2024, and August 9, 2024, respectively. With an average price target of $11.77 between Baird, JP Morgan, and Goldman Sachs, there's an implied 36.35% upside for Manitowoc Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Manitowoc Co (NYSE:MTW) was reported by Baird on November 1, 2024. The analyst firm set a price target for $12.00 expecting MTW to rise to within 12 months (a possible 39.05% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Manitowoc Co (NYSE:MTW) was provided by Baird, and Manitowoc Co maintained their neutral rating.
The last upgrade for Manitowoc Co Inc happened on May 1, 2023 when Wells Fargo raised their price target to $17. Wells Fargo previously had an underweight for Manitowoc Co Inc.
The last downgrade for Manitowoc Co Inc happened on April 3, 2023 when Goldman Sachs changed their price target from $13 to $15 for Manitowoc Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Manitowoc Co, 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 Manitowoc Co was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Manitowoc Co (MTW) rating was a maintained with a price target of $13.00 to $12.00. The current price Manitowoc Co (MTW) is trading at is $8.63, which is out of the analyst’s predicted range.
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