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Actuant Corporation (ATU) [hlAlert]

Rating:
Hold ATU

Actuant Corporation (ATU) rated Hold by KeyBanc Capital Mkts

Posted on: Thursday,  Sep 16, 2010  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Actuant Corporation (NYSE: ATU) on 09/16/2010. Previously KeyBanc Capital Mkts rated Buy Actuant Corporation (NYSE: ATU) on
11/19/2007., when the stock price was $30.51. Since then, Actuant Corporation has gained 8.16% as of 06/10/2008's recent price of $33.00.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on ATU, you would have gained 8.16% of your investment in 204 days.

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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2010 8:25 AM Hold
None
21.66
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2008 8:25 AM Hold
None
33.00
11/19/2007 9:25 AM Buy
None
30.51 36.00

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