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Rating: CMCO
Neutral $17

Columbus Mckinnon Corporation (NASDAQ: CMCO) rated to Neutral with price target $17 by Seaport Global Securities

Friday,  Jan 15, 2016  9:25 AM ET by Dave Ficere

Seaport Global Securities rated Columbus
Mckinnon Corporation (NASDAQ: CMCO) to Neutral with price target $17.

Columbus McKinnon Corporation is a manufacturer and marketer of hoists, cranes, actuators, chain, forged attachments, lift tables and other material handling products serving a range of commercial and industrial markets. The products of the Company are used to move, lift, position or secure objects and loads. On October 1, 2008, the Company completed the acquisition of Pfaff Beteiligungs GmbH (Pfaff). During the fiscal year ended March 31, 2009 (fiscal 2009), the products of the Company are sold to over 15,000 general and specialty distributors, end users and original equipment manufacturers (OEMs) globally. The products of the Company include hoists, chain, forged attachments, industrial cranes, actuators and rotary unions, and other products. In November 2009, the Company announced the sale of certain assets within its American Lifts business to Autoquip Corporation.

Seaport Global Securities



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