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Terex Corp has a consensus price target of $58.45 based on the ratings of 23 analysts. The high is $65 issued by Truist Securities on November 4, 2024. The low is $44 issued by Keybanc on July 12, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Baird, and JP Morgan on November 4, 2024, October 31, 2024, and October 14, 2024, respectively. With an average price target of $60.67 between Truist Securities, Baird, and JP Morgan, there's an implied 14.70% upside for Terex Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Terex (NYSE:TEX) was reported by Truist Securities on November 4, 2024. The analyst firm set a price target for $65.00 expecting TEX to rise to within 12 months (a possible 22.90% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for Terex (NYSE:TEX) was provided by Truist Securities, and Terex maintained their buy rating.
There is no last upgrade for Terex
The last downgrade for Terex Corp happened on March 18, 2024 when JP Morgan changed their price target from N/A to $63 for Terex Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Terex, 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 Terex was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Terex (TEX) rating was a maintained with a price target of $62.00 to $65.00. The current price Terex (TEX) is trading at is $52.89, which is out of the analyst’s predicted range.
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