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Enter Symbol:
 
Alamo Group, Inc. (ALG) [hlAlert]

Rating:
Underperform
ALG
down 5.64 %

Alamo Group, Inc. (ALG) rated Underperform by BofA/Merrill

Posted on: Friday,  Oct 9, 2015  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Alamo Group, Inc. (NYSE: ALG) on 10/09/2015, when the stock price was $47.29. Since
then, Alamo Group, Inc. has gained 5.98% as of 11/06/2015's recent price of $50.12.
If you would have followed this BofA/Merrill's recommendation on ALG, you would have lost 5.64% of your investment in 28 days.

Alamo Group Inc. is a player in the design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, pothole patchers, agricultural implements and related aftermarket parts and services. It operates 17 plants in North America, Europe and Australia. It sells its products through a network of independent dealers and distributors, governmental end-users, related independent contractors, as well as to the agricultural and commercial turf markets. It operates primarily in the United States, England, France, Canada, and Australia. On May 30, 2008, the Company acquired Rivard Developpement S.A.S., which is a manufacturer of vacuum trucks, high-pressure cleaning systems and trenchers. In October 2009, Alamo Group, Inc. completed the acquisition of the majority of the assets of Bush Hog, LLC.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2015 10:25 AM Sell
None
47.29
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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