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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Equal Weight
TEX
up 43.60 %

Terex Corporation (TEX) rated Equal Weight with price target $27 by Barclays Capital

Posted on: Monday,  Feb 20, 2012  8:25 AM ET by Barclays Capital

Barclays Capital rated Equal Weight Terex Corporation (NYSE: TEX) on 02/20/2012. 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 43.61% as of 09/18/2014's recent price of $33.03.
If you would have followed the previous Barclays Capital's recommendation on TEX, you would have gained 43.6% of your investment in 1427 days.

Terex Corporation (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.

Barclays Capital 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.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2012 8:25 AM Buy
None
26.41 27.00
as of 12/31/2012
1 Week up  5.16 %
1 Month up  16.20 %
3 Months up  24.49 %
1 YTD up  108.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2012 12:25 PM Buy
None
25.15 27.00
1/16/2012 8:25 AM Buy
None
16.89 20.00
1/13/2012 2:25 PM Buy
None
16.55 20.00
9/28/2011 1:25 PM Buy
None
11.42 17.00
10/22/2010 1:25 PM Buy
None
23.00 29.00

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