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Terex Corporation (TEX) [hlAlert]

down 1.63 %

Terex Corporation (TEX) rated Outperform with price target $31 by RBC Capital Mkts

Posted on: Tuesday,  Feb 21, 2012  12:25 PM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Terex Corporation (NYSE: TEX) on 02/21/2012. Previously RBC Capital Mkts rated Outperform Terex Corporation (NYSE: TEX) on
10/19/2009., when the stock price was $23.29. Since then, Terex Corporation has lost 1.63% as of 01/27/2016's recent price of $22.91.
If you would have followed the previous RBC Capital Mkts's recommendation on TEX, you would have lost 1.63% of your investment in 2291 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2012 12:25 PM Buy
26.54 31.00
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
2/14/2011 8:25 AM Buy
37.50 43.00
10/25/2010 9:24 AM Buy
23.22 30.00
10/19/2009 8:25 AM Buy

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