Zacks Rating on Modine Manufacturing Company (MOD)

Modine Manufacturing Company (MOD) : The consensus on Modine Manufacturing Company (MOD) based on 2 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Modine Manufacturing Company (MOD) : The highest short term price target forecast on Modine Manufacturing Company (MOD) is $14 and the lowest target price is $12. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $13 with a standard deviation of $1.41.

Modine

Shares of Modine Manufacturing Company rose by 0.49% in the last five trading days and 10.14% for the last 4 weeks. Modine Manufacturing Company has dropped 7.11% during the last 3-month period . Year-to-Date the stock performance stands at 14.03%. Modine Manufacturing Company (NYSE:MOD): stock turned positive on Tuesday. Though the stock opened at $10.38, the bulls momentum made the stock top out at $10.41 level for the day. The stock recorded a low of $10.27 and closed the trading day at $10.32, in the green by 0.19%. The total traded volume for the day was 109,702. The stock had closed at $10.3 in the previous days trading.

Modine Manufacturing Company is a developer, manufacturer and marketer of heat exchangers and systems for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications and to a range of building, industrial and refrigeration markets. The Company specializes in thermal management systems and components. The Company has five operating segments: North America, which consisted of vehicular and industrial original equipment products in North America; Europe, which consisted of vehicular and industrial original equipment products in Europe; South America, which consisted of vehicular and industrial original equipment products and aftermarket products in South America; Asia, which consisted of vehicular and industrial original equipment products in Asia, and Building Heating, Ventilating And Air Conditioning (HVAC), which consisted of building HVAC products throughout the world.

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