RBC Capital analyst Seth Weber maintained a Hold rating on Terex (NYSE:TEX) Corp on Monday, setting a price target of $20, which is approximately 6.10% above the present share price of $18.85.
Weber expects Terex Corp to post earnings per share (EPS) of -$0.35 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Terex, with an average price target of $20.75.
The analysts price targets range from a high of $30 to a low of $15.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $833.6 million and a net profit of -$7.1 million. The company's market cap is $1.31 billion.
According to TipRanks.com, RBC Capital analyst Seth Weber is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.3% and a 62.45% success rate.
Terex Corp. engages in the manufacturing of aerial work platforms, cranes, and materials processing machinery. The company designs, builds and support products used in construction, maintenance, manufacturing, energy, minerals and materials management applications. It operates through the following segments: Aerial Work Platforms; and Materials Processing. The Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers and light towers. The Materials Processing segment designs, manufactures and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, and their related components and replacement parts. The company was founded in 1933 and is headquartered in Westport, CT.