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BofA Merrill downgraded Oshkosh (NYSE:OSK) from Neutral to Underperform in a report released today.

BofA Merrill has downgraded Oshkosh (NYSE:OSK) from Neutral to Underperform in a report released on 7/07/2017.

Yesterday Oshkosh (NYSE:OSK) traded -0.11% lower at $68.87. The company’s 50-day moving average is $69.99 and its 200-day moving average is $68.55. The last closing price is up 7.91% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 368,315 shares of the stock traded hands, down from an average trading volume of 686,598

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Oshkosh (NYSE:OSK)

Oshkosh has a 52 week low of $50.77 and a 52 week high of $77.20 with a P/E ratio of 21.95 The company’s market cap is currently $0.

In addition to BofA Merrill reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $48.63 with 5 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 5 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Oshkosh (NYSE:OSK)

Oshkosh Corporation is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies, including access equipment, defense trucks and trailers, fire and emergency vehicles, concrete mixers and refuse collection vehicles. The Company's segments include Access Equipment; Defense; Fire & Emergency, and Commercial. The Access Equipment segment consists of the operations of JLG Industries, Inc. (JLG) and JerrDan Corporation (JerrDan). The Defense segment consists of the operations of Oshkosh Defense, LLC (Oshkosh Defense). The Fire & Emergency segment consists of the operations of Pierce Manufacturing Inc. (Pierce), Oshkosh Airport Products, LLC (Airport Products) and Kewaunee Fabrications LLC (Kewaunee). The Commercial segment includes the operations of Concrete Equipment Company, Inc. (CON-E-CO), London Machinery Inc. (London), Iowa Mold Tooling Co., Inc. (IMT) and Oshkosh Commercial Products, LLC (Oshkosh Commercial).

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