Michael Shlisky, analyst at Colliers Securities, reiterates coverage on Columbus Mckinnon Corp. (CMCO) in the Industrial Goods sector with a Buy rating. TipRanks.com has Shlisky rated as a 4 star analyst with a 20.00% return on investment and a 48.00% success rate. Shlisky has set a price target of $61.00.
TipRanks.com reports that CMCO currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $67.00. The target pricing ranges from a high forecast of $78.00 down to a low forecast of $61.00.
CMCO’s last closing price was $51.38 which would put the average price target at 30.40% upside.
In addition, TradingView issued a Buy rating for CMCO over the next month.
Remember, securities are volatile, so please do your own research on CMCO.
Other analysts covering CMCO include:
- Christopher Howe of Barrington issued a buy rate with the price target of $78 on May 26th
- Joseph Mondillo of Sidoti issued a buy rate with the price target of $67 on May 17th
- Michael McGinn of Wells Fargo issued a buy rate with the price target of $70 on May 3rd
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