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Enter Symbol:
 
Actuant Corporation (ATU) [hlAlert]

Rating:
Mkt Perform
ATU

Actuant Corporation (ATU) rated Mkt Perform by Avondale

Posted on: Thursday,  Jan 14, 2016  10:25 AM ET by Avondale

Actuant Corporation (NYSE:
ATU) rated Mkt Perform by Avondale.

Actuant Corporation (Actuant) is a manufacturer of a range of industrial products and systems. Actuant is organized into four business segments: Industrial, Energy, Electrical and Engineered Solutions. The Industrial segment is involved in the design, manufacture, and distribution of hydraulic tools to the maintenance, industrial, infrastructure and production automation markets. The Energy segment provides joint integrity products and services, as well as umbilical, rope and cable solutions to the global oil and gas, power generation and energy markets. The Electrical segment is primarily involved in the designing, manufacturing and distribution of a range of electrical products to the retail do it yourself (DIY), wholesale, original equipment manufacturer, utility and harsh environment markets. The Engineered Solutions segment provides engineered position and motion control systems to OEMs in various vehicle markets, as well as a variety of other industrial products.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2016 10:25 AM Hold
None
21.52
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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