How Analysts Feel About Terex Corporation (NYSE:TEX)?



September 6, 2017 – By Adrian Mccoy

Investors sentiment increased to 0.85 in 2016 Q4. Its up 0.04, from 0.81 in 2016Q3. It is positive, as 22 investors sold Terex Corporation shares while 99 reduced holdings. 45 funds opened positions while 58 raised stakes. 89.73 million shares or 3.47% more from 86.72 million shares in 2016Q3 were reported.
Blackrock accumulated 70,697 shares. Jennison Associate Limited Company accumulated 0.01% or 188,015 shares. Bank Of America De holds 457,010 shares or 0% of its portfolio. Ahl Partners Ltd Liability Partnership has invested 0.12% in Terex Corporation (NYSE:TEX). Credit Suisse Ag invested in 0% or 97,179 shares. Wellington Mgmt Grp Inc Llp invested 0.01% of its portfolio in Terex Corporation (NYSE:TEX). Barnett Inc holds 150 shares or 0% of its portfolio. Capstone Asset Com owns 13,858 shares. Stifel Finance owns 0% invested in Terex Corporation (NYSE:TEX) for 33,092 shares. Ancora Advsr Limited Liability Corp invested 0% in Terex Corporation (NYSE:TEX). Utah Retirement Sys reported 19,211 shares. Manufacturers Life Insur Comm The invested 0.01% in Terex Corporation (NYSE:TEX). Legal General Grp Inc Public Limited Co has 129,766 shares. Millennium Mgmt Ltd Llc invested in 1.57 million shares. Financial Serv Corp has invested 0% in Terex Corporation (NYSE:TEX).

Since March 8, 2017, it had 13 insider purchases, and 13 sales for $4.24 million activity. FILIPOV STEVE also sold $244,627 worth of Terex Corporation (NYSE:TEX) on Friday, May 5. $473 worth of Terex Corporation (NYSE:TEX) shares were bought by Ellis George. 10,000 Terex Corporation (NYSE:TEX) shares with value of $364,229 were sold by COHEN ERIC I. The insider Bradley Kevin sold 15,000 shares worth $467,550. On Wednesday, April 5 the insider Lousberg Kenneth D. bought $1,735. 370 shares valued at $12,491 were bought by SHEEHAN JOHN D on Tuesday, June 6. 7 shares were bought by BARR KEVIN A, worth $235.

Terex Corporation (NYSE:TEX) Ratings Coverage

Among 20 analysts covering Terex Corporation (NYSE:TEX), 6 have Buy rating, 3 Sell and 11 Hold. Therefore 30% are positive. Terex Corporation had 60 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, August 3. The firm has “Hold” rating by Deutsche Bank given on Thursday, December 17. The firm has “Hold” rating by BMO Capital Markets given on Friday, April 21. Deutsche Bank maintained the shares of TEX in report on Wednesday, October 12 with “Hold” rating. BB&T Capital downgraded the shares of TEX in report on Friday, July 31 to “Hold” rating. The stock has “Underweight” rating by Barclays Capital on Wednesday, September 9. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, August 12. The stock of Terex Corporation (NYSE:TEX) has “Buy” rating given on Friday, October 14 by Bank of America. As per Monday, February 6, the company rating was maintained by Citigroup. The firm has “Neutral” rating by Goldman Sachs given on Thursday, June 15. Below is a list of Terex Corporation (NYSE:TEX) latest ratings and price target changes.

20/08/2017 Broker: BMO Capital Markets Rating: Hold New Target: $35.0 Maintain
03/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $38.0000 Maintain
03/08/2017 Broker: Deutsche Bank Rating: Buy Old Target: $39 New Target: $44 Maintain
01/08/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $37.0000 Maintain
18/07/2017 Broker: BMO Capital Markets Rating: Hold New Target: $35.0000 Maintain
10/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $33.0000 Maintain
26/06/2017 Broker: Credit Suisse Rating: Buy New Target: $45.0000
09/06/2017 Broker: Jefferies Rating: Hold New Target: $30.0000 Maintain
05/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $33.0000 Maintain
15/06/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade

About 180,710 shares traded. Terex Corporation (NYSE:TEX) has risen 32.26% since September 6, 2016 and is uptrending. It has outperformed by 15.56% the S&P500.

Terex Corporation is a manufacturer of lifting and material processing services and products that deliver lifecycle solutions. The company has market cap of $3.44 billion. The Firm has three business divisions: Aerial Work Platforms , Cranes and Materials Processing (MP). It currently has negative earnings. It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries.

More recent Terex Corporation (NYSE:TEX) news were published by: Businesswire.com which released: “Terex Completes Sale of Shares of Konecranes Plc” on September 05, 2017. Also Businesswire.com published the news titled: “Terex Authorizes New Share Repurchase Program” on September 06, 2017. Finance.Yahoo.com‘s news article titled: “Why Terex Corporation (TEX) Could Shock the Market Soon” with publication date: August 22, 2017 was also an interesting one.

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