Oshkosh Corp. PT Raised to $61.00 at Barrington Research (OSK)
Research analysts at Barrington Research lifted their price objective on shares of Oshkosh Corp. (NYSE:OSK) from $50.00 to $61.00 in a report released on Wednesday, American Banking News reports. Barrington Research’s target price would indicate a potential upside of 20.67% from the company’s current price.
Oshkosh Corp. (NYSE:OSK) traded up 0.62% during mid-day trading on Wednesday, hitting $50.55. The stock had a trading volume of 606,172 shares. Oshkosh Corp. has a one year low of $26.74 and a one year high of $50.24. The stock’s 50-day moving average is $46.97 and its 200-day moving average is $41.52. The company has a market cap of $4.397 billion and a P/E ratio of 12.61.
Oshkosh Corp. (NYSE:OSK) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.59. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts predict that Oshkosh Corp. will post $3.71 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on OSK. Analysts at RBC Capital initiated coverage on shares of Oshkosh Corp. (NYSE:OSK) in a research note to investors on Monday, September 9th. They set a “sector perform” rating and a $50.00 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Oshkosh Corp. (NYSE:OSK) from $47.00 to $51.00 in a research note to investors on Thursday, August 1st. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Oshkosh Corp. (NYSE:OSK) from $50.00 to $55.00 in a research note to investors on Wednesday, July 31st. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $46.78.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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