Argo Group International Holdings, Ltd. (AGII) Touches $60.75 Formed H&S; The Manitowoc Company, Inc. (MTW) Had 5 Bullish Analysts

December 7, 2017 - By Hazel Jackson

Among 17 analysts covering Manitowoc Company (NYSE:MTW), 5 have Buy rating, 0 Sell and 12 Hold. Therefore 29% are positive. Manitowoc Company had 59 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Friday, July 31. On Wednesday, March 9 the stock rating was maintained by Goldman Sachs with “Neutral”. The rating was upgraded by RBC Capital Markets on Wednesday, November 1 to “Buy”. The stock of The Manitowoc Company, Inc. (NYSE:MTW) has “Neutral” rating given on Tuesday, November 3 by SunTrust. As per Friday, October 13, the company rating was maintained by Citigroup. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, June 21. The company was downgraded on Monday, July 27 by Goldman Sachs. The stock of The Manitowoc Company, Inc. (NYSE:MTW) has “Buy” rating given on Tuesday, August 8 by Jefferies. Deutsche Bank initiated the shares of MTW in report on Wednesday, September 7 with “Hold” rating. The firm earned “Equal-Weight” rating on Wednesday, October 12 by Barclays Capital. See The Manitowoc Company, Inc. (NYSE:MTW) latest ratings:

20/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $47.0 Maintain
20/11/2017 Broker: Seaport Global Old Rating: Neutral New Rating: Buy Upgrade
08/11/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $9 New Target: $12 Maintain
01/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $12.0 Upgrade
26/10/2017 Broker: SunTrust Rating: Hold New Target: $7.0 Maintain
13/10/2017 Broker: Citigroup Rating: Neutral Old Target: $8.5 New Target: $10 Maintain
10/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $11.0 Maintain
05/10/2017 Broker: Jefferies Rating: Buy New Target: $10.5 Maintain
18/09/2017 Broker: Jefferies Rating: Buy New Target: $9.5 Maintain
14/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $9.0 Maintain

Argo Group International Holdings, Ltd. (AGII) formed inverse H&S with $63.18 target or 4.00% above today’s $60.75 share price. Argo Group International Holdings, Ltd. (AGII) has $1.80B valuation. The stock decreased 0.33% or $0.2 during the last trading session, reaching $60.75. About 6,833 shares traded. Argo Group International Holdings, Ltd. (NASDAQ:AGII) has risen 18.10% since December 7, 2016 and is uptrending. It has outperformed by 1.40% the S&P500.

Investors sentiment increased to 1.01 in 2017 Q2. Its up 0.03, from 0.98 in 2017Q1. It increased, as 20 investors sold The Manitowoc Company, Inc. shares while 49 reduced holdings. 24 funds opened positions while 46 raised stakes. 109.24 million shares or 3.21% more from 105.84 million shares in 2017Q1 were reported. Neuberger Berman Grp Inc Ltd Co owns 2.22M shares or 0.02% of their US portfolio. Citigroup invested in 16,556 shares. Johnson Group Inc reported 130 shares stake. State Common Retirement Fund has 0% invested in The Manitowoc Company, Inc. (NYSE:MTW). Comml Bank Of America Corporation De invested 0% in The Manitowoc Company, Inc. (NYSE:MTW). Cambridge Research Advsr invested in 0% or 34,431 shares. Pnc Grp Inc Inc has invested 0% in The Manitowoc Company, Inc. (NYSE:MTW). Legal & General Group Incorporated Public Limited Co reported 0% of its portfolio in The Manitowoc Company, Inc. (NYSE:MTW). Hsbc Plc reported 45,734 shares or 0% of all its holdings. Canada Pension Plan Inv Board invested in 0% or 168,700 shares. Renaissance Techs Ltd Liability Corp holds 16,950 shares. Tcw Gp has invested 0.03% in The Manitowoc Company, Inc. (NYSE:MTW). Ameritas Inv Incorporated has invested 0% in The Manitowoc Company, Inc. (NYSE:MTW). Cwm Limited Liability reported 3,091 shares or 0% of all its holdings. Rhumbline Advisers invested in 0% or 175,558 shares.

The stock increased 0.36% or $0.14 during the last trading session, reaching $39.42. About 11,061 shares traded. The Manitowoc Company, Inc. (NYSE:MTW) has risen 0.72% since December 7, 2016 and is uptrending. It has underperformed by 15.98% the S&P500.

The Manitowoc Company, Inc. provides engineered lifting equipment for the construction industry worldwide. The company has market cap of $1.39 billion. The firm creates and makes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile telescopic cranes under the Grove brand; and a line of hydraulically powered telescopic boom trucks the National Crane brand. It currently has negative earnings. It also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand.

Investors sentiment increased to 1.33 in Q2 2017. Its up 0.53, from 0.8 in 2017Q1. It increased, as 15 investors sold Argo Group International Holdings, Ltd. shares while 52 reduced holdings. 30 funds opened positions while 59 raised stakes. 25.35 million shares or 1.37% less from 25.71 million shares in 2017Q1 were reported. Kennedy Cap reported 0.09% of its portfolio in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Manufacturers Life Ins The invested 0% of its portfolio in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Nordea Investment has 0% invested in Argo Group International Holdings, Ltd. (NASDAQ:AGII) for 30,590 shares. Neuberger Berman Gp Limited Liability Corp holds 0% or 3,383 shares in its portfolio. 334,827 were accumulated by Fmr Ltd Liability. Wellington Grp Inc Limited Liability Partnership has invested 0.01% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Citadel Advisors Ltd Limited Liability Company holds 0.01% or 140,942 shares in its portfolio. Dubuque Bankshares And Tru Co has invested 0.04% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Independent Consultants owns 6,259 shares for 0.16% of their portfolio. Amer Century Cos holds 0.01% in Argo Group International Holdings, Ltd. (NASDAQ:AGII) or 115,233 shares. Royal National Bank & Trust Of Canada holds 0% or 163 shares in its portfolio. Qs Ltd reported 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Rothschild Asset Mgmt invested 0.12% of its portfolio in Argo Group International Holdings, Ltd. (NASDAQ:AGII). 310,374 are held by Inv Counselors Of Maryland Ltd Liability Corporation. Barclays Public Limited holds 0% or 21,834 shares.

Analysts await Argo Group International Holdings, Ltd. (NASDAQ:AGII) to report earnings on February, 12. They expect $0.75 earnings per share, up 15.38% or $0.10 from last year’s $0.65 per share. AGII’s profit will be $22.26M for 20.25 P/E if the $0.75 EPS becomes a reality. After $-1.91 actual earnings per share reported by Argo Group International Holdings, Ltd. for the previous quarter, Wall Street now forecasts -139.27% EPS growth.

Among 4 analysts covering Argo Group International Holdings (NASDAQ:AGII), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Argo Group International Holdings has $67.0 highest and $62 lowest target. $64.50’s average target is 6.17% above currents $60.75 stock price. Argo Group International Holdings had 5 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Market Perform” on Friday, May 13. The firm earned “Hold” rating on Monday, September 18 by Keefe Bruyette & Woods. The stock of Argo Group International Holdings, Ltd. (NASDAQ:AGII) has “Overweight” rating given on Thursday, December 10 by Piper Jaffray. The firm has “Mkt Perform” rating given on Monday, June 27 by JMP Securities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

>