Terex Corporation (TEX) rated Equal Weight with price target $20 by Barclays Capital
Barclays Capital rated Equal Weight Terex Corporation (NYSE: TEX) on 01/16/2012. Previously Barclays Capital rated Overweight Terex Corporation (NYSE: TEX) on
10/22/2010., when the stock price was $23.00. Since then, Terex Corporation has gained 58.57% as of 12/06/2013's recent price of $36.47. If you would have followed the previous Barclays Capital's recommendation on TEX, you would have gained 58.56% of your investment in 1141 days.
(Terex) is a diversified global manufacturer of capital equipment focused on delivering reliable, customer relevant solutions for the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining and utility industries. The Company operates in five segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, Terex Materials Processing & Mining and Terex Roadbuilding, Utility Products and Other. On March 3, 2008, the Company completed the acquisition of ASV Inc. In July 2009, Terex completed the acquisition of the port equipment businesses of Fantuzzi Industries S.a.r.l and Noell Crane.
has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy.
We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing.
Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.