Oshkosh Corp. Price Target Raised to $59.00 at BMO Capital Markets (OSK)
Investment analysts at BMO Capital Markets increased their price target on shares of Oshkosh Corp. (NYSE:OSK) from $51.00 to $59.00 in a note issued to investors on Tuesday, AmericanBankingNews.com reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 21.27% from the company’s current price.
A number of other analysts have also recently weighed in on OSK. Analysts at Barrington Research raised their price target on shares of Oshkosh Corp. from $50.00 to $61.00 in a research note to investors on Wednesday, October 2nd. Separately, analysts at RBC Capital initiated coverage on shares of Oshkosh Corp. 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. Finally, analysts at Jefferies Group raised their price target on shares of Oshkosh Corp. 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $47.67.
Shares of Oshkosh Corp. (NYSE:OSK) traded down 0.84% during mid-day trading on Tuesday, hitting $48.65. 821,606 shares of the company’s stock traded hands. Oshkosh Corp. has a one year low of $26.74 and a one year high of $50.72. The stock has a 50-day moving average of $47.4 and a 200-day moving average of $41.76. The company has a market cap of $4.232 billion and a price-to-earnings ratio of 12.31.
Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $1.67 EPS for the quarter, beating the Thomson Reuters 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 last year, the company posted $0.75 earnings per share. Oshkosh Corp.’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Oshkosh Corp. will post $3.72 earnings per share for the current fiscal year.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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