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down 51.04 %

MANITEX INTERNATIONAL (MNTX) rated Accumulate with price target $14 by Global Hunter Securities

Posted on: Wednesday,  Aug 27, 2014  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate MANITEX INTERNATIONAL (NASDAQ: MNTX) on 08/27/2014, when the stock price was $12.48. Since
then, MANITEX INTERNATIONAL has lost 51.04% as of 08/27/2015's recent price of $6.11.
If you would have followed this Global Hunter Securities's recommendation on MNTX, you would have lost 51.04% of your investment in 365 days.

Manitex International, Inc. is a provider of engineered lifting solutions. The Company designs, manufactures and distributes a diverse group of products that serve different functions and are used in a variety of industries. Through its Manitex subsidiary it markets a comprehensive line of boom trucks and sign cranes. Manitex?s boom trucks and crane products are primarily used for industrial projects, energy exploration and infrastructure development, including, roads, bridges and commercial construction. Through its Manitex Liftking subsidiary and its Schaeff Lift Truck division, the Company also sells a line of rough terrain forklifts, a line of stand-up electric forklifts, cushioned tired forklifts with lifting capacities from 18 thousand to 40 thousand pounds, and vehicles, as well as other arriers, heavy material handling transporters and steel mill equipment. In July 2009, the Company acquired Badger Equipment Company.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/27/2014 9:25 AM Buy
12.48 14.00
as of 10/17/2014
1 Week   
1 Month   
3 Months down  -20.69 %
1 YTD down  -24.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2014 12:00 AM Hold
12.03 14.00

(*) Stock Price at the time of the recommendation.
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