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Astec Industries, Inc. (ASTE) [hlAlert]

Rating:
Buy ASTE
down 12.92 %

Astec Industries, Inc. (ASTE) rated Buy with price target $52 by Maxim Group

Posted on: Wednesday,  Jun 17, 2015  8:25 AM ET by Maxim Group

Maxim Group rated Buy Astec Industries, Inc. (NASDAQ: ASTE) on 06/17/2015, when the stock price was $42.31. Since
then, Astec Industries, Inc. has lost 12.93% as of 10/20/2015's recent price of $36.84.
If you would have followed this Maxim Group's recommendation on ASTE, you would have lost 12.92% of your investment in 125 days.

Astec Industries Inc. designs, engineers, manufactures, markets, and finances equipment and components used primarily in road building and related construction activities. The company's products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface. In addition, the company is partner in a joint venture that makes testing and sampling equipment for the asphalt mix and aggregate processing industries.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/20/2015 3:25 PM Buy
None
32.64 48.00
as of 8/27/2015
1 Week down  -3.20 %
1 Month down  -14.89 %
3 Months down  -12.92 %
1 YTD down  -12.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/17/2015 8:25 AM Buy
None
42.31 52.00

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