Brokerage Firm Rating on Oshkosh Corporation (OSK)

Oshkosh Corporation (OSK) : The consensus on Oshkosh Corporation (OSK) based on 11 analyst recommendation on the company stock is 1.73, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Oshkosh Corporation (OSK) : 9 investment research analysts covering Oshkosh Corporation (OSK) have an average price target of $60.78 for the near short term. The highest target price given by the Brokerage Firm to the stock is $65 and the lowest target is $57 for the short term. Analysts expect the variance to be within $2.64 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Oshkosh Corporation (NYSE:OSK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.57 and $53.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.35, notching a gain of 0.32% for the day. The total traded volume was 522,080 . The stock had closed at $53.18 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Oshkosh Corp, Kimmitt Joseph H had sold 35,378 shares worth of $1,910,412 in a transaction dated August 3, 2016. In this transaction, 35,378 shares were sold at $54 per share.

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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