William Blair Maintains a Market Perform Rating on Manitowoc Company

By George MacDonald

In a report released today, Lawrence De Maria from William Blair maintained a Market Perform rating on Manitowoc Company (NYSE: MTW), with a price target of $20. The company’s shares opened today at $22.34.

Manitowoc Company has an analyst consensus of Moderate Buy, with a price target consensus of $26.20.

Manitowoc Company`s market cap is currently $2.84B and has a P/E ratio of 24. The company has a book value ratio of 3.53%.

According to TipRanks, Maria is a 1-star analyst with an average return of -1.2% and a 29.6% success rate. Maria covers the Industrial Goods sector, focusing on stocks such as Titan International, Cummins Inc., and Caterpillar.

Manitowoc Co Inc is a multi-industry, capital goods manufacturer. It operates in two business markets namely, Cranes and Related Products and Foodservice Equipment.