Actuant Corporation (NYSE:ATU) gets upgraded to Neutral by JPMorgan Chase & Co.

Analyst Ratings For Actuant Corporation (NYSE:ATU)

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Today, Actuant Corporation (NYSE:ATU) stock received an upgrade by JPMorgan Chase & Co. from Underweight to Neutral.

There are 6 Hold Ratings, 2 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Actuant Corporation (NYSE:ATU) is Hold with a consensus target price of $24.50 per share, a potential 9.96% upside.

Some recent analyst ratings include

  • 1/28/2019-Actuant Corporation (NYSE:ATU) gets upgraded to Neutral by JPMorgan Chase & Co.
  • 1/28/2019-Actuant Corporation (NYSE:ATU) has coverage initiated with a Sell rating
  • 12/21/2018-Actuant Corporation (NYSE:ATU) had its Hold rating reiterated by SunTrust Banks with a $22.00 price target
  • On 5/23/2018 Alfredo Altavilla, Director, bought 3,000 with an average share price of $24.80 per share and the total transaction amounting to $74,400.00.
  • On 5/14/2018 Alfredo Altavilla, Director, bought 2,000 with an average share price of $24.75 per share and the total transaction amounting to $49,500.00.
  • On 12/28/2017 Ted Wozniak, VP, sold 6,000 with an average share price of $25.66 per share and the total transaction amounting to $153,960.00.
  • On 12/28/2017 Ted Wozniak, VP, sold 6,000 with an average share price of $25.66 per share and the total transaction amounting to $153,960.00.
  • On 10/10/2017 Ted Wozniak, VP, sold 5,000 with an average share price of $26.19 per share and the total transaction amounting to $130,950.00.
  • On 9/28/2017 Stephen Rennie, VP, sold 876 with an average share price of $25.42 per share and the total transaction amounting to $22,267.92.
  • On 4/5/2017 Ted Wozniak, VP, sold 500 with an average share price of $25.33 per share and the total transaction amounting to $12,665.00.

About Actuant Corporation (NYSE:ATU)
Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. It operates in two segments, Industrial Tools & Services (IT&S) and Engineered Components & Systems (EC&S). The IT&S segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the industrial, maintenance, infrastructure, oil and gas, energy, and other markets. This segment offers branded tools and engineered heavy lifting technology solutions, as well as connectors for oil and gas, and hydraulic torque wrenches; and energy maintenance and manpower services. It also provides high-force hydraulic and mechanical tools, including cylinders, pumps, valves, and specialty tools; and bolt tensioners, and connectors for oil and gas, as well as other products. This segment markets its branded tools and services primarily under the Enerpac, Hydratight, Larzep, Simplex, Biach, Equalizer, and Mirage brands through a localized product, rental, and maintenance depots. The EC&S segment designs, manufactures, and assembles system critical position and motion control systems, high performance ropes, cables and umbilicals, and other customized industrial components to various vehicle, construction, agricultural, and other niche markets. This segment offers actuation systems, mechanical power transmission products, engine air flow management systems, human to machine interface solutions, and other rugged electronic instrumentations; automotive convertible top actuation, hydraulic cab-tilt and latching, and automotive electro-hydraulic convertible top latching and actuation systems; and agriculture, off-highway, concrete tensioning, rope and cable and other product lines. It primarily markets its products directly to original equipment manufacturers, as well as to other customers through a technical sales organization. The company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin.

Recent Trading Activity for Actuant Corporation (NYSE:ATU)
Shares of Actuant Corporation closed the previous trading session at 22.28 up +0.23 1.04% with 22.12 shares trading hands.

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