Toro Co (NYSE:TTC) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: December 1, 2016
Boasting a price of $52.93, Toro Co (NYSE:TTC) traded -1.07% lower on the day. With the last close up 13.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Toro Co has recorded a 50-day average of $48.96 and a two hundred day average of $46.58. Volume of trade was down over the average, with 495,930 shares of TTC changing hands under the typical 627,502
Zacks Investment Research has downgraded Toro Co (NYSE:TTC) to Sell in a statement released on Thursday December 01, 2016.
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Toro Co has a 52 week low of $32.35 and a 52 week high of $54.15 with a P/E ratio of 26.52 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is $92.50 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Toro Co (NYSE:TTC)
The Toro Company designs, manufactures and markets professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products. The Company operates through three segments: Professional, Residential and Distribution. The Professional segment consists of turf and landscape equipment, irrigation products, and professional snow and ice removal equipment. Its Residential segment consists of walk power mowers, riding mowers, snow throwers, replacement parts, and home solutions products, including trimmers, blowers, blower-vacuums, and underground and hose-end retail irrigation products sold in Australia. Its Distribution segment consists of its own domestic distributorships. It sells its products under the brands, including Toro, Exmark, BOSS, Irritrol, Hayter, Pope, Unique Lighting Systems and Lawn-Boy.
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