Columbus McKinnon - CMCO Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $51.50
  • Forecasted Upside: 40.86%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$36.56
▼ -0.08 (-0.22%)

This chart shows the closing price for CMCO by one month, three months, or twelve months.

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Analyst Price Target for CMCO

Analyst Price Target is $51.50
▲ +40.86% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Columbus McKinnon in the last 3 months. The average price target is $51.50, with a high forecast of $53.00 and a low forecast of $50.00. The average price target represents a 40.86% upside from the last price of $36.56.

This chart shows the closing price for CMCO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Columbus McKinnon. This rating has held steady since May 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/4/2024JPMorgan Chase & Co.Initiated CoverageOverweight$53.00
2/5/2024DA DavidsonBoost TargetBuy ➝ Buy$48.00 ➝ $50.00
8/3/2023DA DavidsonBoost Target$44.00 ➝ $48.00
10/4/2022DA DavidsonLower TargetBuy$45.00 ➝ $40.00
7/28/2022Barrington ResearchLower TargetOutperform$50.00 ➝ $48.00
6/27/2022DA DavidsonLower Target$50.00 ➝ $45.00
5/26/2022DA DavidsonLower Target$50.00
5/26/2022Barrington ResearchLower TargetOutperform$66.00 ➝ $57.00
5/26/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$64.00 ➝ $37.00
5/25/2022Craig HallumDowngradeBuy ➝ Hold$60.00 ➝ $35.00
12/7/2021JPMorgan Chase & Co.Initiated CoverageOverweight$64.00
7/30/2021Colliers SecuritiesReiterated RatingBuy
7/1/2021Colliers SecuritiesReiterated RatingBuy
5/26/2021Barrington ResearchBoost TargetOutperform$67.00 ➝ $78.00
5/3/2021Wells Fargo & CompanyInitiated CoverageOverweight$70.00
3/2/2021Barrington ResearchBoost TargetOutperform$56.00 ➝ $67.00
2/26/2021DA DavidsonUpgradeNeutral ➝ Buy$39.00 ➝ $60.00
1/29/2021Barrington ResearchBoost TargetOutperform$43.00 ➝ $56.00
1/21/2021Colliers SecuritiesBoost Target$42.00 ➝ $49.00
10/7/2020SidotiBoost TargetBuy$42.00 ➝ $50.00
8/28/2020Barrington ResearchBoost TargetOutperform$38.00 ➝ $41.00
7/31/2020SidotiUpgradeNeutral ➝ Buy$28.00 ➝ $42.00
7/30/2020Barrington ResearchBoost TargetOutperform$36.00 ➝ $38.00
7/15/2020DA DavidsonInitiated CoverageNeutral$35.00
6/30/2020Barrington ResearchBoost TargetOutperform$34.00 ➝ $36.00
5/27/2020Barrington ResearchReiterated RatingBuy$34.00
4/30/2020SidotiDowngradeBuy ➝ Neutral
4/15/2020Barrington ResearchLower TargetOutperform$40.00 ➝ $34.00
4/15/2020Craig HallumLower TargetReduce ➝ Buy$48.00 ➝ $36.00
3/31/2020CJS SecuritiesDowngradeOutperform ➝ Market Perform
2/26/2020Barrington ResearchReiterated RatingBuy$50.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.25 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2024
  • 9 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
6/24/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/24/2024
  • 8 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
8/23/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
9/22/2024
  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/22/2024
  • 17 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/21/2024
  • 13 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 13 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Columbus McKinnon logo
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems. The company also provides linear motion products, elevator and mining drives, brakes, radio controls, collision avoidance systems, regenerative drives, AC and DC drive and motor control systems, DC motor and magnet control systems, and conductor bar systems; and underfloor lifting systems, lifting jacks, roof working platforms, hybrid lifting systems, turntables, bogie axle exchange and lifting systems, bogie lift and turn devices, and workshop equipment. In addition, it offers fabric and modular belt, and sanitary, stainless steel conveyors; pallet systems; parts and belts; rotary unions and swivel joints; check valves; accumulation and transfer tables, motion control systems, and steel and flexible chains; hooks, shackles, textile slings, clamps, and load binders; actuators and rotary unions; and push button pendant stations, collision avoidance, and power delivery subsystems. It serves EV production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing markets. It offers its products to end users directly, and through distributors, independent crane builders, material handling specialists and integrators, original equipment manufacturers, government agencies, and engineering procurement and construction firms. The company was founded in 1875 and is based in Charlotte, North Carolina.
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Today's Range

Now: $36.56
Low: $35.86
High: $37.32

50 Day Range

MA: $36.50
Low: $31.42
High: $40.59

52 Week Range

Now: $36.56
Low: $29.26
High: $45.84

Volume

331,609 shs

Average Volume

190,728 shs

Market Capitalization

$1.05 billion

P/E Ratio

68.98

Dividend Yield

0.73%

Beta

1.23

Frequently Asked Questions

What sell-side analysts currently cover shares of Columbus McKinnon?

The following Wall Street research analysts have issued reports on Columbus McKinnon in the last twelve months: DA Davidson, JPMorgan Chase & Co., StockNews.com, and TheStreet.
View the latest analyst ratings for CMCO.

What is the current price target for Columbus McKinnon?

0 Wall Street analysts have set twelve-month price targets for Columbus McKinnon in the last year. Their average twelve-month price target is $51.50, suggesting a possible upside of 40.9%. JPMorgan Chase & Co. has the highest price target set, predicting CMCO will reach $53.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $50.00 for Columbus McKinnon in the next year.
View the latest price targets for CMCO.

What is the current consensus analyst rating for Columbus McKinnon?

Columbus McKinnon currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CMCO will outperform the market and that investors should add to their positions of Columbus McKinnon.
View the latest ratings for CMCO.

What other companies compete with Columbus McKinnon?

How do I contact Columbus McKinnon's investor relations team?

Columbus McKinnon's physical mailing address is 205 CROSSPOINT PARKWAY, GETZVILLE NY, 14068. The industrial products company's listed phone number is (716) 689-5400 and its investor relations email address is [email protected]. The official website for Columbus McKinnon is www.cmworks.com. Learn More about contacing Columbus McKinnon investor relations.