Analyst Price Target is $5.80
▲ +1.40% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Manitex International in the last 3 months. The average price target is $5.80, with a high forecast of $5.80 and a low forecast of $5.80. The average price target represents a 1.40% upside from the last price of $5.72.
Current Consensus is
Hold
The current consensus among 2 polled investment analysts is to hold stock in Manitex International. This rating has held steady since August 2024, when it changed from a Buy consensus rating.
Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes; and rents light and heavy-duty commercial construction equipments. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.
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