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Columbus McKinnon Corp. (NASDAQ:CMCO) target price raised to $19.00, reported today by Zacks Investment Research

Columbus McKinnon Corp. (NASDAQ:CMCO) had its target price raised to $19.00 by Zacks Investment Research in a report released 9/26/2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.

Yesterday Columbus McKinnon Corp. (NASDAQ:CMCO) traded 0.64% higher at $17.25. The company’s 50-day moving average is $17.34 and its 200-day moving average is $15.96. The last stock close price is up 8.75% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 32,913 shares of the stock were exchanged, down from an average trading volume of 47,050

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Columbus McKinnon Corp. (NASDAQ:CMCO)

Columbus McKinnon Corp. has a 52 week low of $12.62 and a 52 week high of $21.63 with a P/E ratio of 18.47 The company’s market cap is currently $0.

About Columbus McKinnon Corp. (NASDAQ:CMCO)

Columbus McKinnon Corporation is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The Company's products include various electric, air-powered, lever, and hand hoists, hoist trolleys, winches, industrial crane systems, such as steel bridge, gantry and jib cranes and aluminum work station cranes; alloy and carbon steel chain; forged attachments, such as hooks, shackles, textile slings, clamps, logging tools and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters and tire shredders; power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems.

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