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Stifel disclosed Actuant (NYSE:ATU), bumping down its price target to $26.00 earlier today

Having a price of $22.25, Actuant (NYSE:ATU) traded 1.70% higher on the day. With the last stock price down 0.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. ATU has recorded a 50-day average of $23.70 and a two hundred day average of $25.30. Trade Volume was down over the average, with 140,755 shares of ATU changing hands under the typical 490,019

Reporting a potential upside of 0.17%, Stifel dropped the price target of Actuant (NYSE:ATU) to $26.00

Recent Performance Chart

Actuant (NYSE:ATU)

Actuant has PE ratio of 30.27 with a one year low of $20.54 and a one year high of $29.80 and has a market capitalization of $0.

A total of 7 brokerages have issued a ratings update on Actuant. One brokerage rating the company a strong buy, one brokerage rating the company a buy, nine brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $23.57.

General Company Details For Actuant (NYSE:ATU)

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. The Company's Industrial segment is primarily involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets. The Company's Energy segment provides joint integrity products and services, customized offshore vessel mooring solutions, as well as rope and cable solutions to the global oil and gas, power generation and other energy markets. The Company's Engineered Solutions segment provides engineered position and motion control systems to original equipment manufacturers (OEM) in various on and off-highway vehicle markets, as well as various other products to the industrial and agricultural markets.

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