Modine Manufacturing Co. (NYSE:MOD) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 9, 2016
Boasting a price of $11.98, Modine Manufacturing Co. (NYSE:MOD) traded -1.42% lower on the day. With the last stock price close up 12.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Modine Manufacturing Co. has recorded a 50-day average of $11.32 and a two hundred day average of $10.42. Volume of trade was down over the average, with 78,002 shares of MOD changing hands under the typical 114,389
Zacks Investment Research has downgraded Modine Manufacturing Co. (NYSE:MOD) to Hold in a statement released on 10/05/2016.
On 09/15/2016, Zacks Investment Research released a statement for Modine Manufacturing Co. (NYSE:MOD) bumped up the target price from $0.00 to $13.00 that suggested an upside of 0.15%.
With a total market value of $0, Modine Manufacturing Co. has price-earnings ratio of 301.79 with a one year low of $5.39 and a one year high of $12.21 .
A total of 2 equity analysts have released a ratings update on MOD. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.75.
Brief Synopsis About Modine Manufacturing Co. (NYSE:MOD)
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and for sale into an array of building, industrial and refrigeration markets. The Company's products include radiators and radiator cores, exhaust gas recirculation coolers, building heating, ventilating and air conditioning (HVAC) equipment, and coils. Its segments include Americas, Europe, Asia and Building HVAC. Its Americas segment consists of vehicular and industrial original equipment products in North America and South America, as well as aftermarket products in South America. Its Europe segment consists of vehicular and industrial original equipment products in Europe. Its Asia segment consists of vehicular and industrial original equipment products in Asia. Its Building HVAC segment consists of building heating, ventilating and air conditioning products throughout the world.
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