Modine Manufacturing Upgraded to “Outperform” at Robert W. Baird (MOD)
Modine Manufacturing (NYSE:MOD) was upgraded by research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Wednesday, TheFlyOnTheWall.com reports.
Shares of Modine Manufacturing (NYSE:MOD) opened at 11.04 on Wednesday. Modine Manufacturing has a 52 week low of $8.02 and a 52 week high of $15.17. The stock’s 50-day moving average is $12.42 and its 200-day moving average is $13.19. The company has a market cap of $525.2 million and a P/E ratio of 139.24.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Modine Manufacturing from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 6th. They now have a $15.40 price target on the stock. Separately, analysts at Global Hunter Securities raised their price target on shares of Modine Manufacturing to $13.00 in a research note to investors on Monday, November 4th. They now have a “neutral” rating on the stock. Finally, analysts at Global Hunter Securities reiterated a “hold” rating on shares of Modine Manufacturing in a research note to investors on Friday, November 1st. They now have a $11.00 price target on the stock.
Modine Manufacturing Company (NYSE:MOD), specializes in thermal management systems and components, bringing heating and cooling technology and solutions to global markets.
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