Colliers Securities analyst Michael Shlisky maintained a Buy rating on Tennant Company on Thursday, setting a price target of $82, which is approximately 4.50% above the present share price of $78.47.
Shlisky expects Tennant Company to post earnings per share (EPS) of $0.14 for the first quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Tennant Co (NYSE:TNC), with an average price target of $90.
The analysts price targets range from a high of $90 to a low of $90.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $273 million and a net profit of $8 million. The company's market cap is $1.45 billion.
According to TipRanks.com, Colliers Securities analyst Michael Shlisky is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 24.2% and a 47.25% success rate.
Tennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments; detergent-free and other sustainable cleaning technologies; cleaning tools and supplies; and coatings for protecting, repairing and upgrading surfaces. It operates through the following geographic segments: North America; Latin America; Europe, Middle East, Africa and Asia Pacific. The company was founded by George Henry Tennant in 1870 and is headquartered in Minneapolis, MN.