Tennant Company (NYSE:TNC) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 1, 2016
Zacks Investment Research has downgraded Tennant Company (NYSE:TNC) to Hold in a statement released on 9/29/2016.
On Wednesday October 28, 2015, Dougherty & Company released a statement for Tennant Company (NYSE:TNC) bumped down the target price from $76.00 to $67.00 that suggested an upside of 0%.
Boasting a price of $64.36, Tennant Company (NYSE:TNC) traded 1.30% higher on the day. With the last stock price close up 13.65% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Tennant Company has recorded a 50-day average of $64.05 and a two hundred day average of $57.02. Volume of trade was down over the average, with 64,993 shares of TNC changing hands under the typical 77,900
With a total market value of $0, Tennant Company has price-earnings ratio of 36.57 with a one year low of $45.92 and a one year high of $66.54 .
Brief Synopsis About Tennant Company (NYSE:TNC)
Tennant Company (Tennant) is engaged in designing, manufacturing and marketing cleaning solutions. The Company is organized into four operating segments: North America; Latin America; Europe, Middle East, Africa, and Asia Pacific. The Company offers products and solutions consisting of mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its other products include floor maintenance and outdoor cleaning equipment, and asset management solutions. Tennant products are used in various types of environments, including retail establishments, distribution centers, factories and warehouses, public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and parking lots and streets.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.