Analyst Rating Update on Oshkosh Corporation (OSK)

Oshkosh Corporation (NYSE:OSK) has an average broker rating of 1.7, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.

Oshkosh Corporation (NYSE:OSK) : The consensus price target for Oshkosh Corporation (NYSE:OSK) is $52.22 for the short term with a standard deviation of $4.35. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $56, however, the pessimist price target for the company is $42.

For the current week, the company shares have a recommendation consensus of Buy. Also, Citigroup maintains its rating on Oshkosh Corporation (NYSE:OSK). The global brokerage major raises the current price target from $38 per share to $55 per share. Analysts at the Citigroup have a current rating of Buy on the shares. The rating by the firm was issued on April 29, 2016.

Oshkosh Corporation (NYSE:OSK): stock turned positive on Tuesday. Though the stock opened at $45, the bulls momentum made the stock top out at $46.145 level for the day. The stock recorded a low of $45 and closed the trading day at $45.94, in the green by 3.80%. The total traded volume for the day was 924,701. The stock had closed at $44.26 in the previous days trading.

In an insider trading activity, The director, of Oshkosh Corp, Donnelly Richard M had unloaded 900 shares at $45.39 per share in a transaction on May 20, 2016. The total value of transaction was $40,851. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

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